简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Abstract:The Pound opened the week on a good foot as it showed gains in London session opening ,Testing the 1.38900 level
The Pound opened the week on a good foot as it showed gains in London session opening ,Testing the 1.38900 level A look at the GBPUSD chart makes me even more curious. The pair experienced a very modest correction on market opening not even reaching the previous high of Friday @ 1.39330 in the process, at which point a data and Fed-infused dollar rally was seen , Can the dollar retain its gains? The GBP/USD pair met sellers around the daily ascending trend like that broke last Friday, and reached fresh lows after completing the pullback, usually a sign of an imminent bearish continuation Should the GBPUSD break major support, @1.37900 it wouldnt be a surprise to see it experience another sizeable fall, triggering stops along the way to propel it lower. What will back the dollar on its gains?
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.