GBP is underperforming on the day as Cable drops below the 1.25 level. Economists at Scotiabank analyze the GBP/USD technical outlook. Resistance seen
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.
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 struggles below 1.2500, 200-day SMA is the last line of defence for bullsThe GBP/USD pair opens with a modest bullish gap on the first day of a new week, albeit lacks any follow-through and remains below the 1.2500 psycholo
Leer más »
GBP/USD holds steady around 1.2500 mark ahead of UK employment detailsThe GBP/USD pair extends the previous day's late pullback from the vicinity of mid-1.2500s and ticks lower during the Asian session on Tuesday. Spot p
Leer más »
GBP/USD firm above 1.2500 amid hawkish BoE comments, UK jobs data eyedThe Pound Sterling (GBP) posts modest gains versus the US Dollar (USD) late on Monday’s North American session after seesawing in an 80-pip range, tho
Leer más »
GBP/USD with scope to drift toward 1.23 on a three month viewThe recent decline of the GBP/USD pair was driven mostly by US Dollar strength rather than the decline in Bank of England rate hike expectations, note
Leer más »
GBP/USD: Downside pressure alleviated above 1.2555Further decline in GBP/USD appears not favoured while above 1.2555, according to Economist Lee Sue Ann and Markets Strategist Quek Ser Leang at UOB Gr
Leer más »
GBP/USD consolidates its losses above the 1.2500 mark following UK labor dataThe GBP/USD pair consolidates its recent losses above the 1.2500 area during the early European trading hours on Tuesday. The major pair currently tra
Leer más »