26 Mar 2015
GBP/USD to remain range-bound – OCBC
FXStreet (Barcelona) - Emmanuel Ng, FX Strategist at OCBC Bank, views that GBP/USD might remain trapped in the 1.4800-1.5000 range.
Key Quotes
“The pair may remain trapped in a 1.4800-1.5000 range ahead of external cues and with UK February retail sales numbers due later today. We continue to expect a top-heavy tone in the interim, especially amid back ground election concerns.”
Key Quotes
“The pair may remain trapped in a 1.4800-1.5000 range ahead of external cues and with UK February retail sales numbers due later today. We continue to expect a top-heavy tone in the interim, especially amid back ground election concerns.”