GBP/USD should continue to find support in the 1.1950/2000 area – ING

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GBP/USD should continue to find support in the 1.1950/2000 area – ING
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GBP/USD should continue to find support in the 1.1950/2000 area – ING GBPUSD Banks EURGBP UnitedKingdom

“This week's slightly softer-than-expected wage and core CPI data have seen Sterling hand back a budding rally. We suspect this will be the story for most of this year, where we see

trading in the 0.89/90 area. GBP/USD may, however, get a lift in the second quarter if we are right with our Dollar call.”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.

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