GBP/USD: Focus now shifts to 1.2650/1.2600 – UOB
FX Strategists at UOB Group Lee Sue Ann and Quek Ser Leang noted further downside
Financial and Business News
FX Strategists at UOB Group Lee Sue Ann and Quek Ser Leang noted further downside
Further downside in AUD/USD could visit the sub-0.7100 area in the next weeks, comment FX
EUR/USD comes under heavy pressure near 1.0700. German 10y bund yields break below the 0.90%.
USD/JPY remains side-lined and is expected to trade between 126.90 and 129.40 in the next
USD/JPY is still seen within the 126.90-129.40 range in the next weeks, suggested Lee Sue
The downside momentum is expected to pick up pace if GBP/USD breaks below the 1.2940
FX Strategists at UOB Group Lee Sue Ann and Quek Ser Leang noted EUR/USD could
Sustained USD buying dragged GBP/USD lower for the fourth successive day on Tuesday. The bias
EUR/USD reverses the earlier drop to 1.0760 and regains 1.0800. Another visit to the 2022
A drop below 126.10 should be indicative that rally in USD/JPY could lose some momentum,