Cable’s downside carries the potential to extend to the 1.2500 neighbourhood in the next weeks, noted FX Strategists at UOB Group Lee Sue Ann and Quek Ser Leang.
24-hour view: “Our expectations for GBP to trade sideways yesterday were incorrect as it plunged to a low 1.2571. Further GBP weakness is not ruled but deeply oversold conditions suggest a slower pace of decline and 1.2500 is likely out of reach for today (minor support at 1.2550). Resistance is at 1.2625 followed by 1.2675.”
Next 1-3 weeks: “Yesterday (26 Apr, spot at 1.2740), we highlighted that GBP is still under pressure and next levels to focus on are at 1.2650 and 1.2600. While our view for a weak GBP was not wrong, we did quite expect the rapid pace of decline as GBP cracked both 1.2650 and 1.2600 and dropped to a low of 1.2571. Further GBP weakness is not ruled but it is left to be seen if it can maintain the current rapid pace of decline. Note that GBP lost a whopping 3.49% over the last 3 days. All in, only a breach of 1.2750 (‘strong resistance’ level was at 1.2900 yesterday) would indicate that the bearish phase that started two days has run its course. Next support levels are at 1.2500 and 1.2420.”
© 2000-2025. 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.
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.
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.