GBP/USD: Consolidation ahead of another push higher – Scotiabank GBPUSD Banks
Gains back above 1.2175 would be constructive
“Cable is well-supported in the low 1.21 area but support will have to hold to keep the undertone constructive.”. Gains back above 1.2175 intraday would be constructive.”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
GBP/USD to enjoy further gains toward the mid/upper 1.22s – ScotiabankGBP/USD retests mid-1.21s. Economists at Scotiabank expect the pair to extend its advance toward the mid/upper 1.22s. Dip under 1.2080/75 to open up a
Read more »
GBP/USD to rise up towards the 1.3000 level – MUFGThe Pound has outperformed since the end of last week. Economists at MUFG Bank expect the GBP/USD pair to advance nicely towards 1.30 this year. A bet
Read more »
GBP/USD reasserts the uptrend toward the 1.2668/1.2758 area – Credit SuisseGBP/USD’s weakness was aggressively reversed on Friday. Analysts at Credit Suisse look for strength back to 1.2447 and eventually 1.2668/1.2758. Suppo
Read more »
GBP/USD Price Analysis: Bullish impulse is decelerating, eyes on 1.2150The outlook is bearish for GBP/USD while below 1.2400 and 1.2220 nearer-term highs. The following illustrates GBP/USD's W-formation and test of mid-De
Read more »
GBP/USD faces resistance around 1.2200 despite solid UK Retail SalesThe GBP/USD pair is sensing pressure while bridging the marginal gap in surpassing the round-level resistance of 1.2200 in the early Asian session. Th
Read more »
GBP/USD Price Analysis: Struggle continues for shifting auction above 1.2200The GBP/USD pair is continuously facing heat in attempts of breaking above the immediate resistance of 1.2200 in the Asian session. The market mood ha
Read more »