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26 Feb 2015
GBP/USD targeting 1.5590 – UOB
FXStreet (Barcelona) - Analysts at UOB Group, remain bullish on the pound, expecting GBP/USD to make a run for 1.5590 levels.
Key Quotes
“In line with expectations, GBP moved clearly above the 1.5480 resistance ..”
“We have been a GBP bull since early this month and the current price action suggests that a move to our target of 1.5590 is likely in the next few days. Trailing-stop has moved higher to 1.5420 from 1.5380.”
Key Quotes
“In line with expectations, GBP moved clearly above the 1.5480 resistance ..”
“We have been a GBP bull since early this month and the current price action suggests that a move to our target of 1.5590 is likely in the next few days. Trailing-stop has moved higher to 1.5420 from 1.5380.”