Flash: GBP/USD may continue to base build off 1.6000 floor – OCBC

FXstreet.com (Athens) – Emmanuel Ng of OCBC Bank, suggests that the GBP/USD may attempt to continue to base build off the 1.6000 floor pending further US fiscal cues while local data prints still remain slightly supportive of the pair.

Key Quotes

“Any breach above 1.6100 may see a test towards 1.6160.”