Cable could revisit 1.20 on hawkish Fed- Oanda

Craig Erlam, Senior Market Analyst for Oanda says the GBP/USD pair could revisit 1.20 levels if the Fed delivers 25 basis point rate hike and surprises with the hawkish dot plot chart - sequential rate hikes. For now, traders see 1.21 as the floor in the cable.

Erlam also weighs-in on the Dutch elections and their potential impact on French elections and the common currency. The segment concludes with the talk about oil markets and OPEC/non-OPEC compliance.

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