GBPUSD may trade back to 1.10 over coming months – ING GBPUSD UnitedKingdom Banks
GBPUSD is staging a downward correction. Economists at ING expect Cable to move back lower to 1.10 over the coming months.“The UK Chancellor, Jeremy Hunt, has been ramping up the rhetoric that Thursday's autumn statement is going to hurt – comprising tax rises for all and a large cut in government spending. None of the choices are politically palatable, but failure to deliver would trigger another round of Gilt and Sterling sales.
“1.1670/1.1750 could be the short-term corrective low for GBPUSD before a possible push to 1.20 on a further short-squeeze . But in the bigger picture, even these current GBPUSD levels near 1.18 should prove attractive for those with GBP receivables.”Information on these pages contains forward-looking statements that involve risks and uncertainties.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
GBPUSD retreats towards 1.1750 ahead of key UK data, Autumn StatementGBPUSD begins the key week on a back foot, as it retreats from the highest levels since late August 26 to 1.1775, amid anxiety ahead of crucial data/e
続きを読む »
GBPUSD Price Analysis: Upside seems favored on rising channel breakoutGBPUSD Price Analysis: Upside seems favored on rising channel breakout – by Sagar_Dua24 GBPUSD SupportResistance ChartPatterns Momentum Breakouts
続きを読む »
GBPUSD slides below 1.1800, Fed bets, UK’s Autumn Statement eyedGBPUSD takes offers to refresh the intraday low near 1.1750, and snaps a two-day uptrend during early Monday morning in Europe. The Cable pair’s lates
続きを読む »
Bill Maher Complains No Donald Trump Books Reveal Who He's F***ingBill Maher went after Donald Trump in the most personal way Friday night, but this was way more political than it is salacious. We will explain.
続きを読む »
USD Index: The correction could have a little more to run – INGYou only need one hand to count the number of times that US Dollar Index (DXY) has fallen 4% in a single week. Economists at ING believe that the corr
続きを読む »
Cable TV Providers in Your Area & Internet Service Providers by Zip Code“It doesn’t matter to us when you watch the movies — it can be with your family at dinner, while you’re constructing a gingerbread house, or even while you’re at your desk ‘working,'” writes
続きを読む »