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Noticias de trading
15 Mar 2013
Forex: GBP/USD looking to extend gains further
FXstreet.com (Barcelona) - After consolidating yesterday's gains above the 1.5000 mark, the GBP/USD jumped off to 1.5144 high ahead of the London opening, only to take profits for a while. Now, as the session unfolds and the UK CB Leading Economic Index is ahead at 10:00 GMT, the pair got back to those highs and is attempting at extending gains.
Also in the economic calendar is BoE and MPC member Dale's speech at 11:00 GMT. Then, the market will be awaiting the release of US CPI, industrial production, Reuters/Michigan consumer sentiment and NY Empire State manufacturing index.
UBS analysts are still bearish: “Yesterday's sharp advance does not change the broader bearish picture”, wrote analyst Gareth Berry, pointing to important resistance at 1.5199 while support is at 1.4912 ahead of 1.4832.
Also in the economic calendar is BoE and MPC member Dale's speech at 11:00 GMT. Then, the market will be awaiting the release of US CPI, industrial production, Reuters/Michigan consumer sentiment and NY Empire State manufacturing index.
UBS analysts are still bearish: “Yesterday's sharp advance does not change the broader bearish picture”, wrote analyst Gareth Berry, pointing to important resistance at 1.5199 while support is at 1.4912 ahead of 1.4832.