18 Jun 2015
GBP/USD forecast: Further strength expected – UOB
FXStreet (Barcelona) - Analysts at GBP/USD see additional gains possible for GBP/USD with the pair having broken above the key 1.57 and 1.5820 resistance.
Key Quotes
“GBP continues to rocket higher taking out successive strong resistance at 1.5700 and 1.5820. Strong and impulsive momentum suggest further GBP strength in the coming days."
"For now, allow for a dip to 1.5800 but 1.5750/55 is expected to hold for move to 1.5890.”
Key Quotes
“GBP continues to rocket higher taking out successive strong resistance at 1.5700 and 1.5820. Strong and impulsive momentum suggest further GBP strength in the coming days."
"For now, allow for a dip to 1.5800 but 1.5750/55 is expected to hold for move to 1.5890.”