交易新闻
2 Sep 2014
GBP/USD slides further below 1.6500
FXStreet (Córdoba) - The GBP/USD lost ground all through the American session and finished trading at the lows, around 1.6468/71, the lowest price since March 24. The pair had the worst day since January, losing more than 130 pips and posted the lowest daily close since mid-February.
The Scottish referendum weakened considerably the Pound, that fell despite better-than-expected economic data from the UK, where the Construction PMI rose from 62.4 to 64.0; analyst were expecting a minor decline.
GBP/USD technical outlook
“The short term picture shows indicators heading lower in extreme oversold levels, while 20 SMA maintains a strong bearish slope well above current price”, says Valeria Bednarik, Chief Analyst at FXStreet.
The 4-hour chart shows momentum remaining vertical notes Bednarik, “while RSI stands at 24.7 both holding to the strong bearish tone.”
The Scottish referendum weakened considerably the Pound, that fell despite better-than-expected economic data from the UK, where the Construction PMI rose from 62.4 to 64.0; analyst were expecting a minor decline.
GBP/USD technical outlook
“The short term picture shows indicators heading lower in extreme oversold levels, while 20 SMA maintains a strong bearish slope well above current price”, says Valeria Bednarik, Chief Analyst at FXStreet.
The 4-hour chart shows momentum remaining vertical notes Bednarik, “while RSI stands at 24.7 both holding to the strong bearish tone.”