FX Strategists at UOB Group see Cable extending the sideline theme in the next weeks. Key Quotes 24-hour view: “Expectation for GBP to dip below 1.3090 did not materialize as it traded sideways instead. Indicators are mostly neutral and further range trading is expected for today, likely within a 1.3095/1.3150 range”. Next 1-3 weeks: “GBP closed unchanged in NY yesterday at 1.3126 (0%) and there is really not much to add. Indicators remain ‘flat’ and we continue to hold a neutral stance and expect GBP to trade sideways for a while more, likely within a 1.3010/1.3220 range”. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next USD/JPY slides back closer to post-FOMC swing low, around mid-111.00s FX Street 5 years FX Strategists at UOB Group see Cable extending the sideline theme in the next weeks. Key Quotes 24-hour view: "Expectation for GBP to dip below 1.3090 did not materialize as it traded sideways instead. Indicators are mostly neutral and further range trading is expected for today, likely within a 1.3095/1.3150 range". Next 1-3 weeks: "GBP closed unchanged in NY yesterday at 1.3126 (0%) and there is really not much to add. Indicators remain 'flat' and we continue to hold a neutral stance and expect GBP to trade sideways for a while more, likely within a 1.3010/1.3220 range". Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
