The Sterling recovery against the Greenback from 1.6430 as reached 1.6549 as fresh intra-day high and the GBP/USD has posted daily gains in the European session after rising around 85 pips in the last hour. Currently the pair is trading around 1.6510/20, 0.05% above today's opening price.
George Clement, analyst at Swiss e Trade AG, comments: "Cable for once is moving quite in tandem to the euro, hovering above support levels and currently trading at 1.6490 in a slight retreat. We see the 1.6460 support holding today and then more upmoves, to the 1.6550 level."
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment