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1 Apr 2015
GBP/USD sellers at 1.4890 – AceTrader
FXStreet (Barcelona) - The AceTrader Team gives the outlook for GBP/USD, noting that the pair might find sellers at 1.4890-00 area.
Key Quotes
“Cable rebounded in tandem with the euro in Asia on Wednesday and rose from 1.4816/17 (Aust.) to 1.4867 before easing.”
“At the moment, stops located just above yesterday's 1.4872 high are now in focus.”
“However, more selling interest from various accounts is placed at 1.4890-00 with mixture of offers and stops located at 1.4920-30 and around 1.4940.”
“On the downside, bids are placed at 1.4840-30 and then 1.4815/10 with stops emerging below 1.4800.”
Key Quotes
“Cable rebounded in tandem with the euro in Asia on Wednesday and rose from 1.4816/17 (Aust.) to 1.4867 before easing.”
“At the moment, stops located just above yesterday's 1.4872 high are now in focus.”
“However, more selling interest from various accounts is placed at 1.4890-00 with mixture of offers and stops located at 1.4920-30 and around 1.4940.”
“On the downside, bids are placed at 1.4840-30 and then 1.4815/10 with stops emerging below 1.4800.”