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Jun 10 - 05:55 AM

GBP/USD - Plumbs Four-Week Low After Breaking Below 1.41

By Rob Howard  —  Jun 10 - 03:49 AM
  • Cable hits 1.4074, its lowest level since May 16, after breaking below 1.41

  • GBP continues to suffer on Wednesday's acrimonious EU-UK "sausage war" talks

  • See: nL2N2NR0LW. Biden has a Brexit warning for Britain nL2N2NS09T

  • More: nS8N2KB064. 1.4100 is now a resistance level (1.4105 was Asia low)

  • 1.4110 was Wednesday's low (after 80 pip fall). 1.4112 was Monday's low

  • U.S. May inflation data due 1230GMT: USD may gain if CPI above 4.7% YY f/c

GBPUSD Click here

Source:
Refinitiv IFR Research/Market Commentary

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