Pound Likely in Early Recovery Phase Vs. Dollar, Chart Shows -- Market Talk

Dow Jones
02-17

0740 GMT - The British pound is likely in a early recovery phase versus the U.S. dollar, based on daily chart, says Quek Ser Leang of UOB Global Economics & Markets Research in a research report. The recovery phase was triggered when the currency pair rose above the top of the daily Ichimoku cloud and was confirmed when the 21-day exponential moving average crossed above the 55-day EMA, the markets strategist says. Also, the daily moving average convergence divergence indicator has stayed positive during the currency pair's consolidation and recovery phases. The levels to monitor are 1.2655 and 1.2730, he adds. GBP/USD is little changed at 1.2593. (ronnie.harui@wsj.com)

 

(END) Dow Jones Newswires

February 17, 2025 02:40 ET (07:40 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10