OctaFX | OctaFX Forex Broker
Open trading account
Back

GBP futures: rallies seen limited

Open interest in GBP futures markets shrunk by almost 5.6K contracts on Friday vs. Thursday’s final 214,437 contracts. In the same line, volume decreased by around 1.6K contracts, recording the second consecutive drop.

GBP/USD capped by 1.2780, 55-day SMA

Price action around Cable largely hinges on the ongoing Brexit negotiation. In the meantime, occasional bullish attempts should meet strong resistance at the so far yearly peaks near 1.2780, coincident with the 55-day SMA.

EUR/USD Technical Analysis: Upper bound of consolidation awaits near 1.1475

EUR/USD, 15-Minute Hourly candles show the Fiber's sideways spiral as the major pairing continues to struggle to separate itself from the 1.1400
Read more Previous

Britons would now vote to stay in EU, want second referendum - YouGov poll

The latest survey by polling firm YouGov published on Sunday showed that a majority of the Britons want to remain a member of the European Union (EU)
Read more Next
Start livechat