OctaFX | OctaFX Forex Broker
Open trading account
Back

GBP/USD's close today is an important one - Scotiabank

FXStreet (Guatemala) - Camilla Sutton, CFA, CMT, Chief FX Strategist at Scotiabank noted that The U.K. is on holiday today, celebrating its Summer Bank Holiday, accordingly FX activity was relatively light.

Key Quotes

“Today’s chart pattern is an early reversal signal (should it hold through the NA session) and accordingly today’s close is important.”

“This week’s data is mainly centred on housing and confidence."

US strength to be supported this week - BBH

Marc Chandler, Global Head of Currency Strategy at Brown Brothers Harriman suggests that the week ahead will be supportive of divergences between global economies.
Read more Previous

EUR/USD making a lower low for the year – FXStreet

Valeria Bednarik, chief analyst at FXStreet explained the EUR/USD has been the only pair unable to fill the weekly opening gap.
Read more Next
Start livechat