20 Jan 2016
GBP/USD attention turns to 1.4100 – UOB
FXStreet (Edinburgh) - The research team at UOB Group suggested that the pair could visit the 1.4100 neighbourhood in a not-so-distant future.
Key Quotes
“We have seen a low of 1.4130 so far and from here, the focus is firmly on 1.4100”.
“Below this support, the most obvious support will be at 1.4000 but we are seeing a very strong support further down at 1.3960”.
“Overall, there is no sign that the current down-trend is going to end any time soon”.
Key Quotes
“We have seen a low of 1.4130 so far and from here, the focus is firmly on 1.4100”.
“Below this support, the most obvious support will be at 1.4000 but we are seeing a very strong support further down at 1.3960”.
“Overall, there is no sign that the current down-trend is going to end any time soon”.