Technical analyst recommends shorts in GBP/USD
Summary
By sueyangfx.com September 03, 2020 at 01:09AM Via Bank of America technical analysis Look to short GBP/USD while it is below its 52-week high of 1.3514 Whilst the view is based on a TA reasoning, the analyst says a risk is […]
More On Forexlive RSS Breaking News Feed
- Eurozone June trade balance €12.4 billion vs €9.3 billion expected
- Eurozone June industrial production -0.3% vs -0.2% m/m expected
- Eurozone May trade balance €9.4 billion vs €7.9 billion expected
- Eurozone May industrial production -1.0% vs -0.3% m/m expected
- ECBs Knot: Ground for Euro area recovery getting firmer and firmer
September 03, 2020 at 01:09AM
Via Bank of America technical analysis
Look to short GBP/USD while it is below its 52-week high of 1.3514
Whilst the view is based on a TA reasoning, the analyst says a risk is that current USD strength could be short-lived with the Fed policy meeting
coming up and/or real money interests still selling.