The impulsive momentum suggests a greater strength of the GBP; It remains to be seen if 1,3100 is available today. In the long term, the perspective for the GBP has changed to positive; The two technical levels to be monitored are 1,3210 and 1,3290, the FX analysts of UOB Group quek be Leang and Peter Chia point.
The technical levels to be monitored are 1,3210 and 1,3290
24 -hour vision: “In the early Asian trade yesterday, we noticed that the ‘action of the previous day still seems to be part of a phase of trade in rank.’ We expected the GBP “to negotiate between 1,2750 and 1,2870.
Vision at 1-3 weeks: “Our last narrative was on Tuesday (April 8, for 1,2760), where ‘although the GBP could decline more, it is not clear if it can reach the following important support in 1,2580. We indicate that “a break of 1,2925 (level of ‘strong resistance’) would suggest that the GBP is not declining anymore.” ‘strong support’). “
Source: Fx Street
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