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UOB Group analysts suggest that GBP may trade below 1.3380, restricting upward movement

GBP/USD is likely to trade between 1.3420 and 1.3470, with resistance at 1.3505. Traders should consider strategies for range-bound conditions as momentum slows despite a slightly upward bias. – vtmarketsmy.com

President Trump’s keynote speech at the WEF in Davos could impact the EUR/USD exchange rate.

Trump’s upcoming Davos speech on Greenland may escalate US-EU trade tensions. Tariffs are impacting the EUR/USD currency pair. Selling out-of-the-money call options on EUR/USD could capitalize on this volatility. – vtmarketsmy.com

Francesco Pesole from ING notes that concerns about Europe decreasing investments in US assets have lessened.

Concerns over European withdrawals from US assets faded quickly, with minimal impact on markets. The Euro is likely to remain below 1.170 against the dollar, signaling cautious trading strategies ahead. – vtmarketsmy.com

UOB Group analysts expect the euro to stabilize between 1.1690 and 1.1770.

EUR/USD is stabilizing between 1.1690 and 1.1770 after recent volatility. Traders are advised to explore downside protection options, while implied volatility has increased, making selling options potentially lucrative. – vtmarketsmy.com

In November, the UK DCLG House Price Index recorded a 2.5% increase, surpassing forecasts.

UK house prices rose 2.5%, exceeding forecasts. Gold approaches $4,900 amid market volatility. Invest wisely: buy gold options and consider bearish EUR/USD positions as tariffs loom. – vtmarketsmy.com

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