GBP/USD: May test 1.3000 after breaking above the current range – UOB Group
16.07.2024, 08:44

GBP/USD: May test 1.3000 after breaking above the current range – UOB Group

The Pound Sterling (GBP) is likely to consolidate in a range of 1.2940/1.2995. GBP must break above 1.3000 before further advance can be expected, UOB Group FX strategists Quek Ser Leang and Lee Sue Ann note.

Rangebound between 1.2940 and 1.2995

24-HOUR VIEW: “We indicated yesterday that GBP ‘could pullback, but any decline is unlikely to threaten the support at 1.2915.’ We noted that ‘resistance levels are at 1.2985 and 1.3000.’ Our view did not materialise as GBP traded between 1.2960 and 1.2995, closing slightly lower at 1.2967 (-0.17%). The current price action is likely part of a consolidation phase. Today, we expect GBP to trade in a 1.2940/1.2995 range.”

1-3 WEEKS VIEW: “In our most recent narrative from last Friday (12 Jul, spot at 1.2925), we indicated that ‘the risk for GBP remains on the upside, but overbought conditions suggest 1.3000 might not come into view so soon.’ Yesterday, GBP edged to a high of 1.2995 and then pulled back. The 1.3000 level is turning out to be a significant resistance, and GBP must break above this level before further advance can be expected. Looking ahead, the next level to watch above 1.3000 is at 1.3045. The risk of GBP breaking clearly above 1.3000 will remain intact as long as 1.2885 (‘strong support’ level was at 1.2870 yesterday) is not breached.”

© 2000-2024. Sva prava zaštićena.

Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

Politika sprečavanja pranja novca

Upozorenje o rizicima

Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.

Politika poverenja

Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.

Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.

Банковни
транcфери
Feedback
Lajv čet E-mail
Povratak na vrh
Izaberi lokaciju / jezik