FXStreet (Guatemala) - Brian Martin, analyst at ANZ explained that some cautionary arguments on the pound are that much is already priced in and that GBP/USD can historically struggle above 1.70.

Key Quotes:

“We agree with those observations. However, there would appear to be little chance of momentum slowing sharply and sustainably in the near-term, and if that is the case, then there is a risk that the bank might raise rates this year”.

“We continue to anticipate further moderate sterling gains and see dips as a buying opportunity, particularly on the sterling crosses”.


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Forex pairs in this Article » GBP/USD

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