• GBP/USD: Renewed weakness on a break under minor support at 1.2040 – Scotiabank

Noticias del mercado

16 febrero 2023

GBP/USD: Renewed weakness on a break under minor support at 1.2040 – Scotiabank

GBP/USD consolidates. Pressure on the low 1.20s may trigger more softness, in the view of economists at Scotiabank.

Cable price action may be forming a bear flag

“Cable price action has been generally consolidative.” 

“Modest gains from yesterday’s low are running into better selling pressure near 1.2070/75 and GBP's price action may be forming a bear flag – implying renewed weakness on a break under minor support at 1.2040.” 

See – GBP/USD should continue to find support in the 1.1950/2000 area – ING

Enfoque del mercado
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Abrir cuenta demo y página personal
Entiendo y acepto la Política de Privacidad y estoy de acuerdo con que mi nombre y datos de contacto sean procesados por TeleTrade y utilizados para contactarme en lo referente a: