Sunday, December 17, 2017

GBPUSD remains below 1.30

GBP / USD remains below 1.30

Faced with buying interest near 1.2950, ​​GBP / USD once again approached to the highs of more than 7 months, marked after it became known about the victory Makron.

The pair is currently trading at 1.2970-80. Earlier, despite a positive attitude in relation to the dollar index, it rebounded slightly. Everything indicates that it is a retreat yield Treasuries contributed to the restoration of a tandem exchange.

On the other hand, the dollar draws support in increasing the probability of Fed rate increase in June, against the background of favorable data NFP.

Meanwhile, the market ignored the comments Makron economic adviser to the position of the new president at the negotiations on Brekzitu. In general, players prefer care at risk in making important trading decisions, when from the "Super Thursday" it takes only a few days.

Today's economic calendar is almost empty, although the attention of the players can draw the representative of the Fed's Bullard.

Break of 1.2980 resistance will pit a pair of 1.30, where the bulls will target at 1.3025-30 and further to 1.3080-85.
Support extends to 1.2950, ​​1.2920, 1.2900, 1.2830 and 1.2865-60.


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