FX Forecast: GBP/USD drifting, Looking at 1.18 for EUR/USD, USD/JPY going a lot higher long-term



In today’s forex forecast, we offer the outlook for GBP/USD, EUR/USD and USD/JPY with Steven Woodcock, Senior FX Analyst at Plutus FX. Key Points: GBP was sold across the board after the UK data today, but remains range bound now. Falling below 1.40 will see another downleg EUR/USD likely to see 1.18 levels, but moving towards 1.10 area will negate this view. USD/JPY likely to see consolidation ahead before buyers pour in. Longer-term view remains bullish Tip TV Finance is a live video show, broadcasted weekdays from 10 am sharp. Based in St Paul's, in the heart of the City of London, Tip TV prides itself on being able to attract the very best quality guests on the show to offer viewers informed, insightful and actionable infotainment. The Tip TV Daily Finance Show covers all asset classes ranging from currencies (forex), equities, bonds, commodities, futures and options. Guests share their high conviction market opportunities, covering fundamental, technical, inter-market and quantitative analysis, with the aim of demystifying financial markets for viewers at home. See More At: www.tiptv.co.uk Twitter: @OfficialTipTV Facebook: https://www.facebook.com/officialtiptv

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    Duration: 6m 55s

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