FXStreet (Guatemala) - Camilla Sutton, CFA, CMT, Chief FX Strategist at Scotiabank noted that The U.K. is on holiday today, celebrating its Summer Bank Holiday, accordingly FX activity was relatively light.



Key Quotes



“Today’s chart pattern is an early reversal signal (should it hold through the NA session) and accordingly today’s close is important.”



“This week’s data is mainly centred on housing and confidence."



You May Also Like

COMPANIES IN THIS ARTICLE
Related Forex Analysis
  1. Forex News

    BoE Policy Meeting Preview - Rabobank

  2. Forex News

    GBP/USD sinks to 1.5570

  3. Forex News

    GBP/USD off highs, near 1.5620

  4. Forex News

    Euro Faces Weekend Gap Risk with Greek Referendum Sunday

  5. Forex News

    GBP/USD stuck at Fib resistance

Trading Center
×

You are using adblocking software

Want access to all of Investopedia? Add us to your “whitelist”
so you'll never miss a feature!