- GBP/USD to extend its race higher towards the 1.1820 mark – OCBC
Notícias do Mercado
26 outubro 2022
GBP/USD to extend its race higher towards the 1.1820 mark – OCBC
GBP/USD extends its run higher. The break past 1.1540 opens up further gains towards 1.1820 levels, analysts at OCBC Bank report.
Benefit of doubt
“For now, it appears that markets are giving Sunak-Hunt the benefit of doubt to come up with a plan to demonstrate that the new government is committed to fiscal discipline.”
“Next resistance at 1.1540 (61.8% fibo retracement of Aug high to Sep low). Decisive break out of those levels may see GBP extend gains towards 1.1820 levels.
“Support at 1.1390 (50DMA), 1.1310 (50% fibo) and 1.1220 (21 DMA).”
O foco de 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 disclaimerAbrir Conta Demo e Página Pessoal