Flash: GBP/USD to break 1.65? - OCBC Bank

FXstreet.com (Barcelona) - Emmanuel Ng, FX Strategist at OCBC Bank believes that GBP/USD will be dominated by data flow this week.

Key Quotes

“It remains to be seen if the GBP/USD can extend towards the key psychological 1.6500 and much will remain predicated on the data flow this week.”

“Any wavering on this front may well result in a more consolidative tone for the pound after its recent run up with 1.6350 an expected rally point on dips.”

USD/CHF climbs into European morning

Having dipped and made an overnight low at 0.9043, USD/CHF ranged before climbing into the European session to where it is presently trading at daily highs of 0.9070, up 0.04% on the day.
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