28 Jan 2016
GBP/USD still aims to 1.4450 – UOB
FXStreet (Edinburgh) - In view of the research team at UOB Group, the sterling could see its upside renewed towards the mid-1.4400s vs. the dollar.
Key Quotes
“As mentioned yesterday, as long as the solid support at 1.4150 is intact, the current corrective recovery in GBP has the scope to extend higher to test the major 1.4450 resistance (even though a break above this level is not expected)”.
Key Quotes
“As mentioned yesterday, as long as the solid support at 1.4150 is intact, the current corrective recovery in GBP has the scope to extend higher to test the major 1.4450 resistance (even though a break above this level is not expected)”.