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23 Apr 2015
GBP/USD bulls target 1.5155 - UOB
FXStreet (Guatemala) - Analysts at UOB explained that in line with expectations, GBP finally moved higher.
Key Quotes:
"By taking out last week’s peak to touch a high of 1.5080."
"The current move is likely the resumption of the bullish phase and is expected to extend higher to the major resistance at 1.5155 in the coming days."
"The trailing stop-loss has moved higher to 1.4900 from 1.4820 previously. On a shorter-term note, 1.4960 is already a strong support."
Key Quotes:
"By taking out last week’s peak to touch a high of 1.5080."
"The current move is likely the resumption of the bullish phase and is expected to extend higher to the major resistance at 1.5155 in the coming days."
"The trailing stop-loss has moved higher to 1.4900 from 1.4820 previously. On a shorter-term note, 1.4960 is already a strong support."