OctaFX | OctaFX Forex Broker
Open trading account

GBP opens Europe higher 1.5260

FXstreet.com (London) - The Sterling had extending its gains yesterday in the NA session, after reaching targets on a bullish correction when the pair rose to 1.5220 and held after the European close.

The pair reached a high of 1.5281 on the day in NA but tailed off in Asia, trading back down to 1.5221 to open in the European session this morning at 1.5261. The indicators offer bullish signals on the hourly chart supported by SMA 100 1.5230 and the pivot, targeting 1.5311 (SMA200). There is UK CPI at 09.30 BST to look out for.

EUR/USD eyes 1.2900 after German PPI

The bloc currency is now picking up pace towards the key resistance at 1.2900 on Tuesday, after Producer Prices in Germany rose less than expected during the month of April...
Read more Previous

AUD/USD extends the upside, around 0.9850

The Aussie dollar is prolonging its intraday upside on Tuesday, hovering over 0.9825/30 after the release of the RBA minutes....
Read more Next
Start livechat