The sterling pound (GBP) enters Wednesday’s na session without changes against the US dollar (USD), consolidating in a narrow range around 1.36 and negotiating just below the maximum multiannual on Tuesday that reached levels not seen since January 2022, report the FX Chief Strategies of Scotiabak, Shaun Osborne and Eric Theoret.
The GBP is at levels not seen since January 2022
“As with the EUR, much of the recent GBP profits have been promoted by foundations and, specifically, a change in the perspective of the relative policy of the central banks, with the performance differential between the United Kingdom and the US by moving around 15 basic points in favor of the GBP in recent weeks.”
“This week’s domestic calendar is still limited to second and third level feeling and will leave the pound vulnerable to US data and the widest tone of the market. In terms of feeling, the risk reversals of the GBP/USD continue It offers another short -term bullish potential source for the pound. “
“The trend is bullish, with a clear sequence of minimum and maximum higher since January. The latest profits have pushed the pound at levels not seen since January 2022, and the recovery in the RSI suggests a renewed impulse as confirming the trend. We do not see important resistance before 1,3750.”
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
