OctaFX | OctaFX Forex Broker
Anmelden
Konto eröffnen
Back

GBP/USD ticks higher in Asia

FXStreet (Mumbai) - Sterling bears have loosened their grip on the GBP/USD pair in Asia today, paving the way for a correction to 1.5265 levels.

First gain in five days

The spot is trading higher for the first time in five days. The UK economic calendar is empty, consequently, the focus in the European session is likely to be on the overall market sentiment. Ahead in the US session, the durable goods orders figure and Fed’s Yellen speech could influence the pair.

At the moment, the sentiment appears weak as indicated by the drop in the AUD/JPY pair and a drop in the US index futures, treasury yields.

GBP/USD Technical Levels

At 1.5258, the immediate resistance is located at 1.53, above which the spot could test its 200-DMA at 1.5337. On the other side, support is seen at 1.5220 (previous day’s low) and 1.5163 (Sep 4 low).

Finland Export Prices (YoY) dipped from previous -0.3% to -1.5% in August

Finland Export Prices (YoY) dipped from previous -0.3% to -1.5% in August
Mehr darüber lesen Previous

AUD: Trading under stress – Westpac

Sean Callow, Research Analyst at Westpac, suggests that it’s a little wonder then that AUD/USD stayed on the back foot, its attempt to rally in London fizzling out above 0.7060, sliding as low as 0.6989 in NY, hovering around 0.7000 early Sydney.
Mehr darüber lesen Next
Livechat starten