Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Jun 22 - 07:55 AM

GBP/USD - Reclaims 1.22 Handle Ahead Of Powell Testimony

By Rob Howard  —  Jun 22 - 05:50 AM
  • Cable met headwind pre-1.2243 after pushing recovery envelope from 1.2163

  • 1.2243 was Tuesday's low. 1.2163 was low after UK inflation data; CPI 9.1%

  • See: nL1N2Y90EVnL8N2Y917G. Rally from 1.2163 precedes Powell event risk

  • Fed Chair will address Senate Banking Committee from 1330 GMT nS0N2UQ02G

  • Powell last week said 50 or 75 bps hike "most likely" in July nL1N2Y12O3

  • UK PMIs due Thursday nL1N2Y90KY. Two UK by-elections Thursday nL8N2Y72TU

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2022 eFXdata · All Rights Reserved
!