GBP/USD: Long bias for a 1.7035 target - OCBC

FXStreet (Bali) - Emmanuel Ng, FX Strategist at OCBC Bank, maintains his bullish call on the GBP/USD, expecting 1.7035 to be hit.

Key Quotes

"We retain our multi-session upside objective of 1.7035 for the GBP-USD with markets also looking to attach more hawkish intentions to the BOE once again. On this front, look towards BOE MPC minutes due next Wednesday for further cues. In the interim, key psychological support may materialize at 1.6700."