14 Oct 2013
Flash: GBP/USD to remain top heavy in the current landscape - OCBC
FXstreet.com (Athens) – Emmanuel Ng of OCBC Bank, says that the GBP/USD should remain top heavy in the current global landscape and with the implicit support from positive UK data releases wearing thin of late.
Key Quotes
“If the support at 1.5940 gives way, subsequent supports are expected on approach of 1.5900, with little of consequence thereafter till 1.5800.”
Key Quotes
“If the support at 1.5940 gives way, subsequent supports are expected on approach of 1.5900, with little of consequence thereafter till 1.5800.”