GBP Trading Outlook (26-10-2010)

The Sterling (GBP) managed gains against the USD in Asia but underperformed the broader market with EUR/GBP extending recent gains to 0.8940. The situation changed in the US session however with EUR/GBP selling providing support for the GBP/USD. Overall the GBP/USD traded with a low of 1.5675 and a high of 1.5775 before closing the day at 1.5715 in the New York session. Looking ahead, Q3 GDP is forecast at 0.4% vs. 1.2% previously Q/Q

Back to GBP Trading Outlook Archive

join THOUSANDS OF other people
who trade with easymarkets

Two minutes is all it takes.

You're almost there!

Finish your application and start trading today.

DON'T MISS A TRADING OPPORTUNITY

Two minutes is all it takes.