FW: FX Tech Flash: GBP – Cautious Climb

 

 

GBP – Cautious Climb FX Tech Flash by Saktiandi Supaat FX Research GBP had made a decent rebound of about +1.8% from its 6-month low over the last week or so. Further up-move towards 1.3520, 1.3590 not ruled out but that would require the key resistance at 1.3460 to be taken out decisively. The next week or so is expected to see volatility pick up for the GBP as EU withdrawal bill returns to the House of Commons on 12 Jun and there are 15 amendments and about 200 concessions (made by the House of Lords) that needs to be debated. There are also plenty of ... Saktiandi Supaat     (65) 6320 1379     saktiandi@maybank.com.sg Christopher Wong     (65) 6320 1347     wongkl@maybank.com.sg Disclaimer This message is intended only for the use of the person to whom it is expressly addressed and may contain information that is confidential and legally privileged. If you are not the intended recipient, you are hereby notified that any use, reliance on, reference to, review, disclosure or copying of the message and the information it contains for any purpose is prohibited. If you have received this message in error, please notify the sender by return e-mail immediately and delete all its contents. If you wish to read Disclaimer in details, please click HERE. To unsubscribe or change preference settings, please click here to contact your representative.