GBP/USD still aims to 1.4450 – UOB

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Jan 28, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    FXStreet (Edinburgh) - In view of the research team at UOB Group, the sterling could see its upside renewed towards the mid-1.4400s vs. the dollar.

    Key Quotes

    “As mentioned yesterday, as long as the solid support at 1.4150 is intact, the current corrective recovery in GBP has the scope to extend higher to test the major 1.4450 resistance (even though a break above this level is not expected)”.
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