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
Back

GBP/USD: Outlook remains positive so far – UOB

Cable’s stance still looks constructive, although a breach of 1.2370 should leave an interim top in place, suggested FX Strategists at UOB Group.

Key Quotes

24-hour view: “After soaring to a high of 1.2641 last Thursday (30 Apr), the subsequent abrupt and sharp decline from the high came as a surprise. While the rapid drop appears to be running ahead of itself, there is room for GBP to test 1.2410 first before the current downward pressure should ease. For today, the next support at 1.2370 is unlikely to come into the picture. Resistance is at 1.2500 followed by 1.2530.”

Next 1-3 weeks: “We held a slightly positive view on GBP since last Tuesday (28 Apr, spot at 1.2425) and indicated that GBP ‘could edge higher to 1.2535’. We added, ‘GBP has to crack 1.2535 before a stronger and more sustained advance can be expected’. GBP surged past 1.2535 on Thursday (30 Apr) and jumped to a high of 1.2644 before staging a surprisingly sharp and rapid retreat. For now, the overall outlook for GBP still appears to be positive and only a breach of 1.2370 (‘strong support’ level) would indicate that 1.2644 is a short-term top.”

Gold Futures: Extra gains not ruled out

Traders increased their open interest positions by around 1.2K contracts on Friday, reversing three consecutive daily pullbacks according to prelimina
Read more Previous

Crude Oil Futures: Further upside looks limited

CME Group’s advanced data for Crude Oil futures markets saw open interests shrinking by around 45.7K contracts at the end of last week following four
Read more Next