19 Nov 2013
Flash: GBP/USD resistances in view - OCBC
FXstreet.com (Barcelona) - Emmanuel Ng, analyst at OCBC said GBP/USD may continue to consolidate in familiar ranges with resistance expected towards 1.6150 before 1.6200 while the 55-day MA(1.6015) may also put a floor on any dips in the interim.
trong>Ke y Quote:
“We continue to retain a neutral stance for the pair although the EUR-GBP is also perceived to be still top heavy given the perceived slight divergence in policy postures of the ECB vs. the BOE”.
“We continue to retain a neutral stance for the pair although the EUR-GBP is also perceived to be still top heavy given the perceived slight divergence in policy postures of the ECB vs. the BOE”.