analysts highlights the recent shift in the latest Brexit polls, something that's become key to the latest pound to dollar forecasts: "Sentiment remains a key driver for GBP as market participants consider the shift in risk surrounding the UK referendum." "Bloombergs hasil dari trading forex EU referendum poll. When summarising the latest euro-pound near-term outlook, Lloyds see further gains possible in GBP/EUR: "We are consolidating over.7750 support, after the cross accelerated lower on Friday, extending the decline from the.81/0.82 key resistance zone. Markets have been inclined to re-evaluate the currency after speculation that previous Brexit-related sell-offs had been overdone, although the GBP exchange rates could well turn bearish once more with the first quarter UK GDP report. Lloyds notes the broad range the GBP/USD exchange rate has traded within recently: "Medium term, we expect the market to continue to trade a range between.3850-1.35 support and.45-1.48 resistance." "Through.35 there is little support till the.28 region. Watchlists, research tools, educational materials and live trading signals are all invaluable assets for traders of all experience levels. Everything You Need In An FX News Service.
To remain or to exit?!" "Cable is likely to keep swinging inside.4236/1.4499 range while.44 is acting as a pivot point.". 0.7825-0.7870 is intra-day resistance, so, while under here, our bias is for an eventual break of this support to open a move to the.7665/50 reaction lows set in March.". EUR/USD and EUR/GBP Exchange Rates Find Strength on German Data. The GBP/USD rallied despite the release of a batch of worse-than-expected UK economic data, as markets paid more attention to the latest opinion polls on the referendum of 23 June on the UKs membership of the EU (European Union) than on economic data. If it did, journalists would be traders. A move up through.48 and.50 would suggest the 30-year support region has again held for a gradual long-term move back towards.60.". "Todays data overall provide few surprises. Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data,"s, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible).
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