Confirming you are not from the U.S. or the Philippines

By giving this statement, I explicitly declare and confirm that:
  • I am not a U.S. citizen or resident
  • I am not a resident of the Philippines
  • I do not directly or indirectly own more than 10% of shares/voting rights/interest of the U.S. residents and/or do not control U.S. citizens or residents by other means
  • I am not under the direct or indirect ownership of more than 10% of shares/voting rights/interest and/or under the control of U.S. citizen or resident exercised by other means
  • I am not affiliated with U.S. citizens or residents in terms of Section 1504(a) of FATCA
  • I am aware of my liability for making a false declaration.
For the purposes of this statement, all U.S. dependent countries and territories are equalled to the main territory of the USA. I accept full responsibility for the accuracy of this declaration and commit to personally address and resolve any claims or issues that may arise from a breach of this statement.
We are dedicated to your privacy and the security of your personal information. We only collect emails to provide special offers and important information about our products and services. By submitting your email address, you agree to receive such letters from us. If you want to unsubscribe or have any questions or concerns, write to our Customer Support.
Octa trading broker
Open trading account
Test
Back

GBP/USD: Likely to trade in a range of 1.3455/1.3530 – UOB Group

Pound Sterling (GBP) is likely to trade in a range of 1.3455/1.3530. In the longer run, current price movements still appear to be part of a range trading phase, likely between 1.3400 and 1.3600, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

Current price movements seem to be part of a range trading phase

24-HOUR VIEW: "Yesterday, we expected GBP to 'trade with a downward bias toward 1.3395.' However, we pointed out, 'a sustained break below this level seems unlikely.' Our view was incorrect, as after dropping to 1.3417, GBP rebounded to close at 1.3490 (+0.23%). The slight increase in momentum is not enough to suggest further rise. Today, GBP is more likely to trade in a range of 1.3455/1.3530."

1-3 WEEKS VIEW: "In the early Asian session yesterday (29 May, spot at 1.3435), we indicated that 'the slight increase in downward momentum is likely to lead to GBP trading in a lower range of 1.3330/1.3530.' We did not expect the subsequent strong rebound that reached 1.3507. The mild downward momentum has faded with the rebound, and upward momentum has increased slightly. That said, the current price movements still appear to be part of a range trading phase, albeit a higher one, between 1.3400 and 1.3600."

JPY: Tokyo inflation data warns of July BoJ rate hike – ING

Tokyo May inflation data surprised on the upside, ING's FX analyst Chris Turner notes.
Read more Previous

Portugal Gross Domestic Product (YoY) in line with expectations (1.6%) in 1Q

Portugal Gross Domestic Product (YoY) in line with expectations (1.6%) in 1Q
Read more Next