.jpg)
The pound (GBP) is likely to trade in the range of the US dollar (USD), and perhaps between 1.3000 and 1.3145. In the longer term, Expectations The GBP turned into positive. The two technical levels that must be monitored are 1.3210 and 1.3290, FX analysts at UOB Group Quek Ser Leang and Peter Chia Note.
The two technical levels to watch 1.3210 and 1.3290
24 -hour width: “After the strong height in GBP last Thursday, we highlighted on Friday that” impulsive momentum indicates more GBP strength, but it remains to see if 1.3100 is within reach. “
In 1.3128 (+1.23 %). The conditions that extinguish it, along with initial signs of the slow momentum, indicate that instead of continuing to rise, the GBP is likely to be traded in the range of the day, and perhaps between 1.3000 and 1.3145. “
1-3 weeks show: “The update remains from last Friday (April 11, a spot in 1.2990) valid. Also, the GBP expectations have turned into a positive, and the technical levels of viewing are 1.3210 and 1.3290. “We will maintain our point of view as long as the level of 1.2880 (the level of” strong support “was not at 1.2820 last Friday) is not penetrated.
