GBP/USD now faces the next hurdle at 1.3740 – UOB
13.01.2022, 06:11

GBP/USD now faces the next hurdle at 1.3740 – UOB

In opinion of FX Strategists at UOB Group, GBP/USD remains poised to visit the 1.3740 region ahead of 1.3800 in the short-term horizon.

Key Quotes

24-hour view: “We highlighted yesterday that ‘solid upward momentum suggests GBP could continue to rise towards 1.3660’. We added, ‘the next resistance at 1.3700 is likely out of reach for today’. The subsequent GBP strength exceeded our expectations as it surged to a high of 1.3715 during NY session. While GBP could strengthen further today, overbought conditions suggest a slower pace of advance and a sustained rise above 1.3740 appears unlikely (next resistance is at 1.3800 is not expected to come into the picture for today). On the downside, a breach of 1.3650 (minor support is at 1.3670) would indicate that the current GBP strength is ready to take a break.”

Next 1-3 weeks: “We have expected a stronger GBP since late last week. In our latest narrative from yesterday (12 Jan, spot at 1.3635), we highlighted that ‘further GBP strength is likely’ and ‘the next resistance is at 1.3660 followed by 1.3700’. Our view was correct even though we did not quite expect the rapid manner by which GBP rush above 1.3700 (high of 1.3715). While the rapid rise is overbought, further GBP strength would not be surprising. That said, overbought conditions suggest a slower pace of advance. The next resistance is at 1.3740 followed by 1.3800. Overall, the current GBP is intact as long as it does not move below 1.3620 (‘strong support’ level was at 1.3560 yesterday).”

© 2000-2024. Sva prava zaštićena.

Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

Politika sprečavanja pranja novca

Upozorenje o rizicima

Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.

Politika poverenja

Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.

Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.

Банковни
транcфери
Feedback
Lajv čet E-mail
Povratak na vrh
Izaberi lokaciju / jezik