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12 Sep 2013
Flash: GBP/USD more upside to come?
FXstreet.com (London) - Karen Jones, Chief Analyst at Commerzbank eyes more room to the upside in the GBP/USD.
Key Quotes:
“…while above the 1.5557 2 month up channel, they remain unable to rule out further upside probes and only a close below here will negate current upside pressure and allow for a slide back to the 1.5430/24 recent lows and then 1.5104 the August low”.
Key Quotes:
“…while above the 1.5557 2 month up channel, they remain unable to rule out further upside probes and only a close below here will negate current upside pressure and allow for a slide back to the 1.5430/24 recent lows and then 1.5104 the August low”.