Home › News › Content

Pound Rises To Against Majors

2024-08-16 4702

(fxcue news) - The British pound strengthened against other major currencies in the European session on Thursday. The pound rose to more than a 1-year high of 1.3129 against the U.S. dollar, from an early low of 1.3081. Against the euro and the Swiss franc, the pound advanced to nearly a 3-week high of 0.8488 and a 2-day high of 1.1171 from early lows of 0.8521 and 1.1120, respectively. The pound edged up to 191.13 against the yen, from an early low of 189.69. If the pound extends its uptrend, it is likely to find resistance around 1.32 against the greenback, 0.83 against the euro, 1.14 against the franc and 200.00 against the yen.

This page link：http://www.fxcue.com/81512.html
Tips：This page came from Internet, which is not standing for FXCUE opinions of this website.
Statement：Contact us if the content violates the law or your rights

Like (3144)

Australian Market Notably Lower

Powell Hints At Near-Term Interest Rate Cut: 'The Time Has Come For Policy To Adjust'

European Shares Rise On Rate Cut Hopes

Japanese Market Modestly Lower

U.S. New Home Sales Spike To Highest Level In Over A Year In July

Sensex

Pound Rises To Against Majors

U.S. Dollar Declines As Powell Indicates Imminent Rate Cut

Please sign in

Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer. Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. 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. Opinions expressed at FXCue are those of the individual authors and do not necessarily represent the opinion of FXCue or its management. FXCue has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: errors and omissions may occur. Any opinions, news, research, analyses, prices or other information contained on this website, by FXCue, its employees, clients or contributors, is provided as general market commentary and does not constitute investment advice. FXCue will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

Pound Rises To Against Majors

Australian Market Notably Lower

Powell Hints At Near-Term Interest Rate Cut: 'The Time Has Come For Policy To Adjust'

European Shares Rise On Rate Cut Hopes

Japanese Market Modestly Lower

U.S. New Home Sales Spike To Highest Level In Over A Year In July

Sensex

Pound Rises To Against Majors

U.S. Dollar Declines As Powell Indicates Imminent Rate Cut

Please sign in

Trader

Buy more near the opening of gold at around 2606, lose 2598, look at 2620, 2626; Short selling is available near 2647 first!

Gold trading: 2615 short selling, loss 2624, take profit 2593

Gold short selling stop loss...

Today's gold trading strategy 1: Buy long until it falls back to around 2589, lose 2582, look short around 2615, target 2620-25; Strategy 2: Short sell when the rebound reaches around 2625, with a loss of 2633. Short look around 2590, with a target of 2560.

Sell near spot gold 2604, protect 2614, target 2582-2570; Break through holding;

Gold bought more at 2590 in the morning session of the Asian market today, 2585, with a target of 2610.

Short term focus on the resistance line of 70.5-71.0 above crude oil, and short-term focus on the support line of 68.0-67.5 below.

Today's short-term operations in gold are mainly focused on rebound short selling, supplemented by buy long during pullbacks. The short-term focus above is on the resistance line of 2605-2610, while the short-term focus below is on the support line of 2575-2570.

Tags

Pound Rises To Against Majors

Australian Market Notably Lower

Powell Hints At Near-Term Interest Rate Cut: 'The Time Has Come For Policy To Adjust'

European Shares Rise On Rate Cut Hopes

Japanese Market Modestly Lower

U.S. New Home Sales Spike To Highest Level In Over A Year In July

Sensex

Pound Rises To Against Majors

U.S. Dollar Declines As Powell Indicates Imminent Rate Cut

Please sign in

Trader

Buy more near the opening of gold at around 2606, lose 2598, look at 2620, 2626; Short selling is available near 2647 first!

Gold trading: 2615 short selling, loss 2624, take profit 2593

Gold short selling stop loss...

Today's gold trading strategy 1: Buy long until it falls back to around 2589, lose 2582, look short around 2615, target 2620-25; Strategy 2: Short sell when the rebound reaches around 2625, with a loss of 2633. Short look around 2590, with a target of 2560.

Sell near spot gold 2604, protect 2614, target 2582-2570; Break through holding;

Gold bought more at 2590 in the morning session of the Asian market today, 2585, with a target of 2610.

Short term focus on the resistance line of 70.5-71.0 above crude oil, and short-term focus on the support line of 68.0-67.5 below.

Today's short-term operations in gold are mainly focused on rebound short selling, supplemented by buy long during pullbacks. The short-term focus above is on the resistance line of 2605-2610, while the short-term focus below is on the support line of 2575-2570.

Tags

关注我们的公众号