Analysis

GBP/USD: waiting for 1.2370 area break throught

BUY GBPUSD @1.2363 SL.1.2293 TP.1.2433

Our analysis for GBPUSD:

Area 1.2370 is expected to break through today.

Our first target is 1.2410 and after that 1.2440.

The pair has stabilized in 1.2360 and we do not expect a big drop.

BOE Gov. Carney Speaks' news only strengthened the pair at 1.2360.

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.