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আমরা শুধুমাত্র একটি ব্রোকার নই। আমরা একটি সর্বাত্মক ট্রেডিং ইকোসিস্টেম—বিশ্লেষণ, ট্রেড, এবং প্রবৃদ্ধির জন্য আপনার যা কিছু প্রয়োজন তা এক জায়গায়। আপনার ট্রেডিং উন্নত করতে প্রস্তুত?

GBP/USD off highs near 1.5120

FXStreet (Mumbai) - GBP/USD trimmed gains and inched back closer towards 1.51 handle, deflating from highs near 1.5150 – psychological figure, largely on the back of a major pull back seen in the US dollar across the board erasing previous losses ahead of release of a set of major US economic data.

US data awaited

The GBP/USD pair trades 0.43% higher at 1.5120, retreating from fresh 5-week highs at 1.5146. The GBP/USD pared some gains as the US dollar managed to fight its way back against its major peers, wiping out entire losses ahead of US open.

The US dollar index which measures the relative strength of the greenback against a basket of six major currencies recovered losses and now trades muted at 97.43, awaiting fresh incentives.

Meanwhile, traders now turn their focus towards US economic releases including the major durable goods orders data amid a data dry GBP calendar, for further momentum on the pair. While Greece updates are closely monitored.

GBP/USD Levels to consider

The pair has an immediate resistance at 1.5196 (Feb 3 High) above which gains could be extended to 1.5250 levels. On the flip side, support is seen at 1.5028 (Today’s Low) below which it could extend losses to 1.5000 levels.

USD/CAD peaks a sell opportunity – TDS

FX Strategists at TD Securities, suggest that any rebound in USD/CAD must be used as a sell opportunity for a drop to 1.19 levels.
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