Forex Daily News

17th August 2015

GBP/USD resistance expected around 1.5700/50 – OCBC Bank

FXStreet (Edinburgh) – Emmanuel Ng, FX Strategist at OCBC Bank, sees GBP/USD facing strong resistance around 1.5700/50 band.Key Quotes“The July CPI readings today are expected to kick off the week while July retail sales data on Wednesday are also expected to hold the market’s attention”.“The pound we think will continue to be sensitive to evolving (read: quasi hawkish) rate expectations…

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15th August 2015