GBPUSDBritish Pound / US Dollar
1.3459
+0.05%
SUPPORT:1.3381.332
RESISTANCE:1.3521.358
Past
What happened
Cable held 1.3459, barely changed, as sterling shrugged off the stronger dollar tied to fresh US-Iran strike reports.
Why
Why it matters
The pound is range-bound between a soft broad dollar (DXY 99.2) and UK fiscal worries; neither side has momentum to force a break.
Watch
What to watch
US JOLTS Tuesday and payrolls Friday drive the dollar leg; 1.3520 caps rallies, 1.3380 is first support on a risk-off bid.
HEADLINES
- Dollar climbs as US strikes on Iran dent ceasefire optimismReuters
- Dollar drifts lower as oil falls on Hormuz deal optimismReuters
- Deutsche Bank sees room for a further rally in EUR/GBPInvesting.com
- Gilts Slump in Anticipation of Burnham Challenge to StarmerBloomberg
- UK borrowing costs hit 28-year-high as City braces for Burnham challengePA Media: Money