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Jan 25 - 01:55 AM

GBP/USD - Punters Chase Rally Into Yellen Vote; US FOMC Week

By Ewen Chew  —  Jan 25 - 12:54 AM
  • GBP/USD prodded higher Mon as investor optimism returns

  • Bouyant Asia stocks lead FX traders to dump haven USD

  • Bullish chart pattern about to be reaffirmed above 1.3684

  • Momentum increasing with push above March 2018 bottom 1.3712

  • Helped by fear of missing potential breakout above 1.3800 barrier

  • Vote on Yellen for Treasury Sec ahead; US FOMC on Wed eyed

  • For more click on FXBUZ


Source:
Refinitiv IFR Research/Market Commentary

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