GBP/USD can rise towards 1.2650 over the quarter – Credit Suisse GBPUSD EURGBP BOE ECB Banks
GBP saw relative stability in Q1 after a torrid 2022. Economists at Credit Suisse believe that theRelative ECB hawkishness should allow for an upward EUR/GBP drift
“Relative ECB hawkishness should allow for an upward EUR/GBP drift, but we suspect the BoE will not be shy to hike rates still more if the data support that, and so GBP/USD can rise towards 1.2650 over the quarter.”decides to see through high inflation and shift in a materially dovish direction for reasons such as financial risk, EUR/GBP would quickly move above 0.9000.”Information on these pages contains forward-looking statements that involve risks and uncertainties.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
GBP/USD bulls step in on US Dollar weaknessGBP/USD was up some 0.54% in mid-morning US session trade on Monday, traveling from a low of 1.2274 to score a high of 1.2420 after the US Dollar fell
Leer más »
GBP/USD bulls cheer US Dollar weakness, Fed hawks’ retreat above 1.2400GBP/USD remains firmer around 1.2420 during early Tuesday in Asia as bulls approach the multi-day-old resistance area amid broad US Dollar weakness. I
Leer más »
GBP/USD bulls eye a higher high ahead of US ServicesGBP/USD bulls stay in the game and have not thrown in the towel yet, testing the upside and scoring a high of 1.2425 so far after a day where the US
Leer más »
GBP/USD Price Analysis: Rebounds from 1.2400 as hawkish Fed bets recedeThe GBP/USD pair has attempted a recovery after a marginal correction to near 1.2400 in the Tokyo session. The Cable resisted further correction as ha
Leer más »
GBP/USD faces a strong resistance at 1.2450 – UOBIn the opinion of UOB Group’s Markets Strategist Quek Ser Leang and Senior FX Strategist Peter Chia, GBP/USD needs to clear the 1.2450 region to allow
Leer más »
GBP/USD Price Analysis: Bulls need to cross 1.2430 and 1.2450 to keep the reinsGBP/USD Price Analysis: Bulls need to cross 1.2430 and 1.2450 to keep the reins GBPUSD Technical Analysis SwingTrading ChartPatterns SupportResistance
Leer más »