16 Jun 2015
GBP/USD: targeting 1.5700 – UOB
FXStreet (Barcelona) - Analysts at UOB Group expect GBP/USD to keep moving higher towards 1.5700 levels as long as the pair trades above 1.5420.
Key Quotes
“GBP continues to gain and the break above last Friday’s peak of 1.5598 (overnight high of 1.5614) bodes well for our bullish view. As long as the stop-loss at 1.5420 is not taken out, we continue to target a move to 1.5700 in the coming week.”
Key Quotes
“GBP continues to gain and the break above last Friday’s peak of 1.5598 (overnight high of 1.5614) bodes well for our bullish view. As long as the stop-loss at 1.5420 is not taken out, we continue to target a move to 1.5700 in the coming week.”