• GBP/USD may be able to strengthen somewhat in the short run – Scotiabank

Notícias do Mercado

11 agosto 2023

GBP/USD may be able to strengthen somewhat in the short run – Scotiabank

Economists at Scotiabank analyze GBP/USD technical outlook.

Cable could retest resistance at 1.2800/1.2810

The daily GBP/USD chart reflects heavy price action overall Thursday but the intraday pattern of trade shows the Pound rebounding from trend support just under 1.27 in a constructive manner – the 6-hour candle chart shows a bullish ‘morning star’ signal developing today. 

The GBP may be able to strengthen somewhat in the short run to retest resistance at 1.2800/1.2810. 

See – GBP/USD: Head and Shoulders pattern points towards potential downside – SocGen

 

United States Producer Price Index (YoY) registered at 0.8% above expectations (0.7%) in July
India Manufacturing Output came in at 3.1%, above expectations (1.7%) in June
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 disclaimer
Abrir Conta Demo e Página Pessoal
Compreendo e aceito a Política de Privacidade e concordo que os meus dados sejam processados pela TeleTrade e usados para os seguintes efeitos:
Área pessoal
Área pessoal
support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.

Política de privacidade

© 2000-2023. Todos os direitos são reservados.