• GBP/USD: A sustained push above the late December peak at 1.2825 is needed to secure more gains – Scotiabank

Noticias del mercado

2 febrero 2024

GBP/USD: A sustained push above the late December peak at 1.2825 is needed to secure more gains – Scotiabank

The Pound Sterling (GBP) is trading on a relatively firm footing. Economists at Scotiabank analyze Cable’s outlook.

Price signals are bullish on the daily chart and lean bullish on the weekly chart

Price signals are bullish on the daily chart (bullish outside range day Thursday) and lean bullish on the weekly chart, with the GBP attracting consistent support on dips under 1.2700 in the past month. 

A sustained push above the late December peak at 1.2825 is needed to secure more gains, however. A clear move higher should put Cable on track to rally to 1.3000/1.3050. 

Intraday support is 1.2720/1.2740. 

 

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: