GBP/USD: Scope for more gains towards the 1.25 area on a break above 1.23 – Scotiabank

Malaysia News News

GBP/USD: Scope for more gains towards the 1.25 area on a break above 1.23 – Scotiabank
Malaysia Latest News,Malaysia Headlines
  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

GBP/USD: Scope for more gains towards the 1.25 area on a break above 1.23 – Scotiabank GBPUSD Banks

Price action looks consolidative ahead of another push higher

Spot gains through the 55-Day Moving Average and developing bullish trend momentum on the intraday and daily studies suggest scope for more GBP gains towards the 1.25 area in the short run on a break above 1.23.” 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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

FXStreetNews /  🏆 14. in US

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 looks to have a good chance of holding and extending gains – ScotiabankGBP/USD looks to have a good chance of holding and extending gains – ScotiabankGBP/USD has regained the 1.22 zone. Economists at Scotiabank expect Cable to enjoy further gains and test the 1.2290/00 area. GBP retains a firm under
Read more »

GBP/USD Price Analysis: Bulls step back from multi-day-old hurdle near 1.2210GBP/USD Price Analysis: Bulls step back from multi-day-old hurdle near 1.2210GBP/USD Price Analysis: Bulls step back from multi-day-old hurdle near 1.2210 GBPUSD Technical Analysis SwingTrading ChartPatterns SupportResistance
Read more »

GBP/USD Price Analysis: Bears step in to test bulls at key suportGBP/USD Price Analysis: Bears step in to test bulls at key suportGBP/USD bulls are in the market but are meeting resistance above equal highs as for the prior analysis, GBP/USD Price Analysis: Bulls move towards bea
Read more »

GBP/USD: Further gains in the pipeline above 1.2220 – UOBGBP/USD: Further gains in the pipeline above 1.2220 – UOBIn the opinion of Economist Lee Sue Ann and Markets Strategist Quek Ser Leang at UOB Group, sustainable gains in GBP/USD look likely once the pair cle
Read more »

GBP/USD sticks to modest gains around 1.2200 mark, just below multi-week highGBP/USD sticks to modest gains around 1.2200 mark, just below multi-week highThe GBP/USD pair struggles to capitalize on its modest intraday positive move and trims a part of the early gains to the highest level since February
Read more »

GBP/USD eyes upside above 1.2200 as risk-on mood solidifies on Credit Suisse buyoutGBP/USD eyes upside above 1.2200 as risk-on mood solidifies on Credit Suisse buyoutThe GBP/USD pair is gathering strength is shifting its auction above the round-level resistance of 1.2200 in the Asian session. The Cable has found su
Read more »



Render Time: 2025-02-28 13:30:45