GBP/USD: SUPPORT LEVELS AT 1.1850/1950 MAY HOLD OVER THE NEXT COUPLE OF WEEKS – ING

avatar
· 阅读量 58


GBP/USD closed in negative territory on Thursday but managed to hold above 1.2000. Support levels at 1.1850/1950 are set to hold in the next few weeks, economists at ING report.


A good week for UK data

“Following Tuesday's strong PMI release, the UK outlook has received another boost today in the form of a big jump in GFK consumer confidence. This has now returned to levels not seen since last April.”


“Slightly better growth prospects, sticky inflation and some further monetary tightening are the story across the US, the Eurozone and the UK at the moment – suggesting bilateral FX rates do not need to move too much. 


“Three-month GBP/USD implied volatility has drifted under 10% and would tend to favour more modest moves in the spot. We think support levels at 1.1850/1950 may hold over the next couple of weeks.”

风险提示:本文所述仅代表作者个人观点,不代表 Followme 的官方立场。Followme 不对内容的准确性、完整性或可靠性作出任何保证,对于基于该内容所采取的任何行为,不承担任何责任,除非另有书面明确说明。

喜欢的话,赞赏支持一下
回复 0

暂无评论,立马抢沙发

  • tradingContest