Flash: The GBP-USD higher bias - OCBC

FXstreet.com (London) - Emmanuel Ng, Strategist at OCBC note a positive tone to GBP/USD.

Key Quotes:

“GBP/USD may still remain biased higher in the near term given the weakened state of the broad dollar 9watch UK labor market numbers on Wed for domestic influences) with initial resistance levels expected towards the 1.5730-1.5780 neighborhood while key support is expected towards the 200-day MA (1.5492)”.