In opinion of Peter Chia and Quek Ser Leang, FX Strategists at UOB Group, GBP/USD carries the potential to drop further and revisit the 1.2250 region in the next weeks.
24-hour view: “We highlighted yesterday that ‘the rapid rise appears to be overdone’ but we were of the view that GBP ‘could advance to 1.2660 first before easing’. GBP subsequently rose to 1.2637 before staging an abrupt sell-off that sent it nose-diving to a low of 1.2325. While deeply oversold, the weakness in GBP has scope to extend to 1.2300 before stabilization is likely (the next support at 1.2250 is unlikely to come under threat). Resistance is at 1.2420 followed by 1.2460.”
Next 1-3 weeks: “We highlighted yesterday (05 May, spot at 1.2620) that GBP has moved into a consolidation phase and is likely to trade within a range of 1.2520/1.2720. The subsequent outsized decline of 2.22% (largest 1-day drop since Mar 2020) came as a surprise. The rapid and strong build-up in momentum suggests GBP could weaken further. The next support is at 1.2250. On the upside, a breach of 1.2500 would indicate that the current strong downward pressure has eased.”
© 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.