TenkoFX - Analytics

    TenkoFX

    415.75 7.25/10
    68% of positive reviews
    Real

    GBP/USD bulls done for now? - FXStreet Ross J Burland

    Valeria Bednarik, chief analyst at FXStreet, the GBP/USD pair rallied up to 1.4783, it's higher since early January, and stalling not far from the year high set at 1.4815.Key Quotes:"The pair however, trimmed all of its daily gains to close it pretty much flat around 1.4670, as market's enthusiasm over a Bremain faded on new mixed polls, showing that both sides of the campaign remain neck-to-neck.""Also, seems possible that the market has decided that it has been enough of pricing in a positive outcome. Anyway, the pair added advanced roughly 800 pips in less than a week, more than a good reason to correct lower.  Daily basis, the pair has managed to post a higher high and a higher low, leaving the technical outlook on the bullish side."


    To leave a comment you must or Join us


    By visiting our website and services, you agree to the conditions of use of cookies. Learn more
    I agree