• GBP/USD remains biased back to the recent lows near 1.2050 – ING

Noticias del mercado

16 octubre 2023

GBP/USD remains biased back to the recent lows near 1.2050 – ING

Economists at ING analyze GBP outlook.

EUR/GBP could retest 0.8700/8710 

Sterling is rather a sideshow at the moment given that investors are largely preoccupied with events in the Middle East and whether the Fed is embarking on a somewhat less hawkish narrative. 

The difficult international environment should mean that GBP/USD remains biased back to the recent lows near 1.2050. 

Any upside surprise to UK price data this week looks more like it will be played out in EUR/GBP – where a retest of 0.8700/8710 could be seen.

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: