Further weakness in GBP/USD emerges on a close below 1.2780, according to UOB Group’s Economist Lee Sue Ann and Markets Strategist Quek Ser Leang.
24-hour view: We expected GBP to trade in a range between 1.2815 and 1.2895 yesterday. However, after rising to a high of 1.2882 in London trade, GBP fell sharply to 1.2799. Downward momentum has increased, albeit not much. Today, GBP could dip below the solid support at 1.2780, but it might not be able to maintain a foothold below this level. The next major support at 1.2705 is highly unlikely to come into view. The downward pressure is intact as long as GBP stays 1.2865 (minor resistance is at 1.2845).
Next 1-3 weeks: Last Friday (21 Jul, spot at 1.2875), we held the view that GBP could drop further. However, we noted there is a solid support at 1.2780. Yesterday, GBP dropped to a low of 1.2799. Downward momentum has increased slightly. In order for GBP to decline further, it must break and stay below 1.2780. The chance of GBP breaking clearly below 1.2780 will remain intact as long as the ‘strong resistance’ level at 1.2900 (which was at 1.2960 yesterday) is not breached. Looking ahead, if GBP breaks clearly below 1.2780, the focus will shift to 1.2705.
© 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.