GBP/USD key levels - UOB Group

By FXstreet.com | July 09, 2014 AAA

FXStreet (Guatemala) - The Market Strategy Team at UOB Group noted key levels in GBP/USD.



Key Quotes



"While the low of 1.7085 held just above the key support at 1.7080, we continue to view that a shortterm corrective pullback is imminent. Another leg above the recent high of 1.7180 towards 1.7200/10 will not be surprising but a break below 1.7080 would indicate that GBP is on the way towards 1.7010."



comments powered by Disqus
Related Forex Analysis
  1. USD/JPY desperate to move away from 107.00
    Forex News

    USD/JPY desperate to move away from 107.00

  2. US Dollar Technical Analysis: Readying to Resume Uptrend?
    Forex News

    US Dollar Technical Analysis: Readying to Resume Uptrend?

  3. GBP/USD goes nowhere ahead of retail sales report
    Forex News

    GBP/USD goes nowhere ahead of retail sales report

  4. EUR/JPY Technical Analysis: Former Resistance Now Support
    Forex News

    EUR/JPY Technical Analysis: Former Resistance Now Support

  5. GBP/JPY Technical Analysis: Pound Sold vs. Japanese Yen
    Forex News

    GBP/JPY Technical Analysis: Pound Sold vs. Japanese Yen

Trading Center