9 Jun 2015
GBP/USD break below 1.5260 to see further declines – BBH
FXStreet (Barcelona) - The Brown Brothers Harriman Team shares the technical levels and outlook for FX majors.
Key Quotes
“After weakening during the Asia time zone, the dollar has stabilized in Europe. Short-term technical indicators warn against expecting deep retracement today. Support for the euro is seen near $1.12. For cable, a break of $1.5260 could see another half a cent decline. Dollar/yen support is seen in the ¥123.60-80 area.”
Key Quotes
“After weakening during the Asia time zone, the dollar has stabilized in Europe. Short-term technical indicators warn against expecting deep retracement today. Support for the euro is seen near $1.12. For cable, a break of $1.5260 could see another half a cent decline. Dollar/yen support is seen in the ¥123.60-80 area.”