FX Strategists at UOB Group Lee Sue Ann and Quek Ser Leang noted the upside in GBP/USD carries the potential to advance to the 1.2335 levels ahead of 1.2400 in the next few weeks. KEY QUOTES...
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GBP/USD Forecast: Squeezing Higher
The GBP/USD currency pair initially dipped Monday to break below the 1.20 level, only to turn around and show signs of life again.At this point, the market is likely to continue to try to go higher,...
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GBP/USD Forecast: The British Pound Has a Sideways Day
The GBP/USD currency pair has gone back and forth during the trading session on Thursday as we continue to see the 1.20 level offer quite a bit of resistance. By doing so, the market looks as if...
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GBP/JPY PRICE ANALYSIS: FADES BOUNCE OFF 200-HMA AFTER UK RETAIL SALES
GBP/JPY struggles to defend the first daily gains in three. UK Retail Sales prints mixed details in June, ex-Fuel figures on MoM jumped. 100-HMA, two-day-old resistance line guards immediate upside. 50%, 61.8% Fibonacci retracement...
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GBP/USD Forecast: Pound Struggles in Same Area
The GBP/USD currency pair has rallied a bit Tuesday as we have ripped above the 1.20 level. That being said, the area is a large, round, psychologically significant figure, and an area where we have seen...
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GBP/USD LOOKS AT RISK OF MOVING TO 1.16-1.17 IN THE COMING DAYS – ING
GBP/USD surrenders intraday gains. Economists at ING see the pair at risk of falling to the 1.17-1.16 area in the coming days. TV DEBATE FOR TORY CANDIDATES “It will be interesting to see the...
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