GBP/USD: Potential to test the mid-1.27s – Scotiabank

Notícias do Mercado

19 dezembro 2023

GBP/USD: Potential to test the mid-1.27s – Scotiabank

GBP/USD rebounds to 1.27. Economists at Scotiabank analyze the pair’s outlook.

Gains through 1.28 would be a bullish cue for the GBP rally to resume towards 1.29/1.30

The dip in the GBP Friday extended Monday but steadied in the mid-1.26s to keep the intraday DMI bullish.

Daily and weekly oscillators remain bullishly aligned for the GBP. Minor gains above 1.2705 are lifting the intraday tone a little and suggest potential for spot to test the mid-1.27s.

Gains through 1.28 (new cycle highs) would be a bullish cue for the GBP rally to resume towards 1.29/1.30.

BoE's Breeden: Important for policy to be restrictive for an extended period

USD/JPY rally loses steam right below the 145.00 resistance area

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

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