GBPUSD rises further, eyes 1.3000 handle once again

GBPUSD rises further, eyes 1.3000 handle once again

23 Jan Rose Alice Forex Blog, Forex News

The GBP is gaining some balance on the day and the pair looks to threaten a move towards the 1.3000 handle once again now.

The Pound stays underpinned by Tuesday’s UK better-than-expected earnings data and Brexit optimism. The USD attempted to expand on the overnight positive move, notwithstanding a low pickup in the US Treasury security yields. Technical analysis on daily chart stay bullish.

Tags:

forex news, free forex daily analysis, gbpusd forex daily analysis, GPBUSD

About: Rose Alice

Rose Alice has a long experience as a currency analyst with a deep knowledge of the relationship between macroeconomics and currencies fluctuation.

Risk Warning: Trading foreign exchange carries a high level of risk, and may not be suitable for all investors. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

GBPUSD rises further, eyes 1.3000 handle once again