More currency polls from Reuters

It’s an up and down ride for GBPUSD in the latest Reuter poll.

  • GBPUSD 1.3300 1m, 1.3000 6m, 1.3100 12m  (prior 1.2900, 1.2900, 1.3000)
  • EURGBP 0.8880 1m, 0.8900 6m, 0.9000 12m (prior 0.9110, 0.9110, 0.9200)

Little effect from any rate hike it seems.

Meanwhile. cable is looking less than solid now it’s broken under 1.3100. There’s minor support around 1.3050 but better at 1.3030, and then the 100 DMA at 1.3015.

GBPUSD daily chart 06 10 2017

GBPUSD daily chart 06 10 2017

Ryan Littlestone

Psychedelic chartist extraordinaire. Have your shades ready.
Philosophy: “Don’t be a Dick for a tick”

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Ryan Littlestone

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