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Forex pairs in this Article » GBP/USD (Barcelona) - Emmanuel Ng of OCBC Bank suspects that GBP/USD could meet resistance ahead following its plod higher since December 13th.

Key Quotes

“GBP/USD plodded steadily higher over the latter half of Dec 13, breaching the 1.6500 barrier in the process and this tone may persist if the domestic data stream remains on a positive slant.”

“Near term, expect resistance to kick in near 1.6620 while 1.6535 and then 1.6500 may offer support on dips.”
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