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GBP/USD could test 1.4565 – UOB

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Feb 3, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    FXStreet (Edinburgh) - In view of the research team at UOB Group, the pound could climb towards the 1.4565 area vs. the greenback.

    Key Quotes

    “We continue view the current movement as a corrective rebound that has scope to extend higher to test the major 1.4565 resistance”.

    “Overall, this pair will remain underpinned in the coming days unless there is a move back below 1.4240 in the next few days”.
    For more information, read our latest forex news.
     

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