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Sep 15, 2014
SEB: GBP/USD trying the low end of the gap - eFXnews
FXStreet (Łódź) - The eFXnews team comment that the SEB highlights GBP/USD's brief drop to the low end of the gap from last weekend at 1.6270.
Key quotes
"We are however still penciling in a full gap fill (as continuation gaps almost always get filled)."
"Look for consolidation in primarily a 1.6205 (1.6158 Sep 10 mid body point is an alternative range floor) – 6270 range and thereafter a move up to 1.6332-ish to complete the fill."
'This content has been provided under specific arrangement with eFXnews.'
Key quotes
"We are however still penciling in a full gap fill (as continuation gaps almost always get filled)."
"Look for consolidation in primarily a 1.6205 (1.6158 Sep 10 mid body point is an alternative range floor) – 6270 range and thereafter a move up to 1.6332-ish to complete the fill."
'This content has been provided under specific arrangement with eFXnews.'