By Robert Howard — May 13 - 02:41 AM
• Cable holds below 1.3207 (Asia high) after cooler UK ex-bonus pay growth
• Up 5.6% vs 5.7% f/c, boost for doves. 1.3215 is additional resistance level
• 1.3215 was rally high from 1.3140 four-week low Monday (1.3213 = Friday low)
• 1.5 cent drop to 1.3140 prompted by Geneva news: China-U.S. tariffs slashed
• Goldman Sachs now expects Fed to cut rates just once this year, in December
• EU analysing UK-U.S. trade deal. BoE's Pill (hawk) speaks at 0845
GMT
GBPUSD
(Robert Howard is a Reuters market analyst. The views expressed are his own)
Source:
London Stock Exchange Group | Thomson Reuters