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9 Jan 2015
GBP/USD might continue to eye 1.5000 support - OCBC Bank
FXStreet (Barcelona) - According to Emmanuel Ng, FX Strategist at OCBC Bank, with November’s industrial production numbers due today, cable may continue to eye the 1.5000 support.
Key Quotes
"November industrial production numbers are due later today and the GBP-USD may continue to remain heavy in line with the EUR-USD for now. Expect markets to continue to eye the key psychological support at 1.5000 amid the underlying BOE/political issues surrounding the pound."
Key Quotes
"November industrial production numbers are due later today and the GBP-USD may continue to remain heavy in line with the EUR-USD for now. Expect markets to continue to eye the key psychological support at 1.5000 amid the underlying BOE/political issues surrounding the pound."