GBP/USD
Buying interest is accumulating above the 1.20 zone, but the fundamental background remains negative, so a strong upward correction is unlikely. A breakdown of the 1.1700-1.1650 zone will provoke a fall to the key level of 1.15, which will require hidden BOE currency interventions.
Buying interest is accumulating above the 1.20 zone, but the fundamental background remains negative, so a strong upward correction is unlikely. A breakdown of the 1.1700-1.1650 zone will provoke a fall to the key level of 1.15, which will require hidden BOE currency interventions.