British Pound: Short-term Downside Bias Toward 1.3265 Against US Dollar – UOB UOB Strategists Quek Ser Leang and Lee

British Pound: Short-term downside bias toward 1.3265 against US Dollar – UOB UOB strategists Quek Ser Leang and Lee Sue Ann report that GBP/USD rebounded to 1.3339 after a deeper-than-expected drop, easing immediate downside pressure and pointing to intraday range-trading...

British Pound: Short-term downside bias toward 1.3265 against US Dollar – UOB UOB strategists Quek Ser Leang and Lee Sue Ann report that GBP/USD rebounded to 1.3339 after a deeper-than-expected drop, easing immediate downside pressure and pointing to intraday range-trading…

tween 1.3295 and 1.3350. Over 1–3 weeks, they retain a negative bias, looking for a move toward 1.3265 as long as the pair stays below strong resistance at 1.3365, despite a longer-term view of potential rebound toward

Leave a Reply

Your email address will not be published. Required fields are marked *