GBP/USD could retest 1.26 on failure to defend 1.2850/1.2790 – SocGen

BY admin admin

Cable climbs off the lows. Economists at Société Générale analyze GBP/USD technical outlook. An initial bounce is expected, however, 1.3025 is likely

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts

Forex

Price Gains Stall, GBP/USD Plunges Back 100 Pips!

<p>&nbsp;The price chart of the GBP/USD currency pair saw a daily plunge of around 100 pips on Thursday yesterday after the price managed to reach a new 4-month high.</p><p><b

Forex

Pound To Dollar Rate Climbs To 1.275 On Mixed US Jobs Data

<p>The Pound US Dollar (GBP/USD) exchange rate strengthened on Friday afternoon following disappointing US employment figures, indicating a slowdown in the labour market. This has led to reduced

Forex

US Dollar rallies as Yuan tumbles and global recession fears take over

The US Dollar (USD) is roaring on Tuesday after a lacklustre trading day at the start of the week on Monday. This Tuesday however, the Greenb

Copyright © 2024 | WordPress Theme: Xews Lite