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

    GBP/USD likely to extend gains towards 1.5417 – FXStreet

  2. Forex News

    Euro Looks for Greece Deal Clues at ECB Press Conference

  3. Forex News

    GBP/USD Technical Analysis: Bottom in Place Below 1.52?

  4. Forex News

    GBP/USD Responds to Slope Level and 50% Retracement

  5. Forex News

    GBP/USD rally capped at 1.5365; back to 1.5330

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!