Flash: GBP/USD looks neutral ahead of BOE - OCBC Bank

FXstreet.com (Barcelona) - Emmanuel Ng of OCBC Bank feels that GBP/USD may be neutral in the build up to today’s BOE minutes.

Key Quotes

BOE MPC minutes are on tap today amid some background expectations that policymaker may perhaps be slightly more upbeat on economic prospects.”

“In the interim, the pair may remain in thrall but perhaps finding some support from the beleaguered dollar. We continue to retain a neutral stance for the pair pending further cues.”

Flash: GBP/USD still targets minor resistance at 1.6160 - Commerzbank

Axel Rudolph, Senior Technical Analyst at Commerzbank notes that GBP/USD continues to trade around the 1.6119 November 6 high and remains on track to reach the mid-September high at 1.6160.
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