Friday , 20 September 2024
Home Forex GBP/USD: To trade with a downward bias towards 1.2780 – UOB Group
Forex

GBP/USD: To trade with a downward bias towards 1.2780 – UOB Group

Increase in momentum suggests further Pound Sterling (GBP) weakness; the major support at 1.2780 is unlikely to come into view for now, UOB Group FX analysts Quek Ser Leang and Peter Chia note.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

USDJPY rotating back to the downside after extension to a new high stalls

In the morning video, I spoke about the 50% midpoint of the...

Stocks bounce a little off of Waller’s initial comments

The US stocks are moving a little higher on the Fed Waller...

Fed’s Waller: We’re at a point where the economy is strong and we want to keep it that way

The economy is strong and inflation is coming downI was open to...

European equity close: The shine comes off

It was a poor finish to Friday for European stocks and that...