SEB: GBP/USD approaching the mid body point - eFXnews

By | Updated August 18, 2014 AAA

FXStreet (Łódź) - The eFXnews team remark that that SEB sees the GBP/USD getting closer to the mid body point at 1.6750.

Key quotes

"If following the textbook a new round of weakness should then follow primary targeting the 233d ma band."

"So strategy for today should be to try to sell into strength with a tight stop."

'This content has been provided under specific arrangement with eFXnews.'

You May Also Like

Related Forex Analysis
  1. Forex News

    Pound May Rise as 4Q UK GDP Data Boosts BOE Rate Hike Bets

  2. Forex News

    Solid UK Q4 GDP expected - RBS

  3. Forex News

    Key events ahead for today - Rabobank

  4. Forex News

    GBP/USD in to overbought territory - FXStreet

  5. Forex News

    GBP/USD Technical Analysis: Pound Attempts a Bounce

Trading Center