9 Apr 2014
GBP/USD: eyes on 2014 peaks
FXStreet (Edinburgh) - According to Valeria Bednarik, Currency Analyst at FXStreet, the positive outlook on GBP/USD remains unchanged.
Key Quotes
“Technically the pair continues to look extremely overbought, albeit indicators are slowly turning lower in the 4 hours charts”.
“Below 1.6710 the pair may attempt a bearish correction that can extend down to 1.6650/60 albeit buyers will likely surge around the area, pushing the pair back higher”.
Key Quotes
“Technically the pair continues to look extremely overbought, albeit indicators are slowly turning lower in the 4 hours charts”.
“Below 1.6710 the pair may attempt a bearish correction that can extend down to 1.6650/60 albeit buyers will likely surge around the area, pushing the pair back higher”.