SEB: GBP/USD short-term technicals remain in positive gears – eFXnews

FXStreet (Barcelona) - The eFXnews Team shares SEB’s intraday technical outlook for GBP/USD, with SEB viewing the possible targets for the pair being 1.5560 and 1.5621.

Key Quotes

“Short-term trend-following tools remain in positive gears.”

“Possible objectives are at 1.5560 and 1.5621. Supports are located at 1.4500/390 and a 1.5333/17.”

“A session close below the average 5day low, now at 1.5390 would trigger some protective sell-stops.”

“Current intraday stretches are located at 1.5380 & 1.5535.”

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