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Monday, September 30, 2013

GBP/USD withdraws from Max

FXstreet.com (Edinburgh) - the seller interest is now accelerated in Sterling, dragging to the GBP/USD towards the middle region of 1.6100.

GBP/USD to data in UK, payroll

The calendar in the United Kingdom will be light Monday, with M4 money supply publications and figures of net lending to individuals, all preceding the most relevant result of approved mortgages, where consensus waits 61.350K increase in August. Later in the week, the final result of the PMI in the UK economy will be the most outstanding prior to the Friday payroll in the American economy, all framed within the tensions by the fiscal debate in Washington. According to analysts at BBH, "technically, a climb beyond 1.6160-1.6200 could be extended towards 1.6400. In addition, apart from speculation that the United Kingdom would be the first high-income country in raising their rates, the purchase of Vodafone's Verizon Wireless internet unit by $130 bn, $60 bn would be in cash and that also would be holding the pound."

GBP/USD levels critical

The couple at the time of writing lost 0.01% at 1.6138 with falling beyond 1.6025 (MA10d) would expose 1.5955 (min. sep.24) and 1.5893 (min. sep.18). On the bullish side, the initial resistance is located at 1.6164 (max. sep.18) followed by 1.6182 (max. ene.11) and 1.6255 (max. ene.3).

* FXstreet.es, news of currency *

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