FXStreet (Guatemala) - Analysts at Commerzbank noted the key level to the upside in GBP/USD.
Key Quotes:
"Rallies are likely to struggle on moves back to the 200 day ma at 1.5354 and ideally should be contained by the 1.5425/7th August low."
"Our outlook is bearish and we look for losses to 1.5088, the 61.8% retracement then 1.4895, the 78.6% retracement."
"Above 1.5425/1.5540 lies 1.5660 and the 1.58175 recent high."
For more information, read our latest forex news.
No comments:
Post a Comment