Analysts at TD Securities are expecting a mixed bag of policy support measures which presents a highly complex set of potential implications for sterling. Timing and sequencing will matter considerably. GBP/USD trades at 1.3007. Key quotes “In cable, our first target for a GBP-positive policy package is the early-February peaks at 1.3215. From there, our attention would shift to 1.3284 while the post-election spike high of 1.3514 would represent a significant reassessment point from a medium-term perspective.” “We maintain our year-end forecast of 1.39 for GBPUSD in 2020, but we highlight the situation remains highly fluid.” “Primary support should arise at 1.2850 while the 28 February lows around 1.2725 also look quite meaningful to us. Those should provide a solid backstop for now, but we note sterling continues to face a raft of other risks.” 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 Breaking: Non-Farm Payrolls jump 273K, USD rises FX Street 2 years Analysts at TD Securities are expecting a mixed bag of policy support measures which presents a highly complex set of potential implications for sterling. Timing and sequencing will matter considerably. GBP/USD trades at 1.3007. Key quotes “In cable, our first target for a GBP-positive policy package is the early-February peaks at 1.3215. From there, our attention would shift to 1.3284 while the post-election spike high of 1.3514 would represent a significant reassessment point from a medium-term perspective.” “We maintain our year-end forecast of 1.39 for GBPUSD in 2020, but we highlight the situation remains highly fluid.” “Primary support should arise… 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.
