Forex GBP/USD Daily Video, June 15, 2022

[Sive Morten]

Good morning,

GBP hits major daily target and we expect tactical upside reaction. Still, as downside momentum is strong we suggest that 1.1850 could be reached and watch for 1.2185 resistance level for potential short entry:

 

[sveckar22]

https://www.ft.com/content/c519e5d5-f4c3-4554-9484-ddca75cf9bf3 What new tools will they come out with?

 

[Sive Morten]

https://www.ft.com/content/c519e5d5-f4c3-4554-9484-ddca75cf9bf3 What new tools will they come out with?

Nothing interesting, concerning default spreads of Italy, Greece and others highly indebted countries. Segregation... I don't expect any breakthrough...

ECB meets to tackle rout in bond market amid echoes of debt crisis

European Central Bank's policymakers were holding a rare, unscheduled meeting on Wednesday to discuss a blowout in borrowing costs for some euro zone nations, fanning speculation the bank may be gearing to act to calm markets.

www.reuters.com