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.
Cancel Confirm
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.
Confirm
Octa trading broker Sign up Log in
Octa trading broker
Open trading account
Trading news
Back
21 Jul 2020

GBP/USD faces extra upside above 1.2740 – UOB

FX Strategists at UOB Group noted Cable is likely to accelerate the upside on a breakout of the 1.2740 level in the next weeks.

Key Quotes

24-hour view: “Our expectation for GBP to trade sideways was wrong as it surged to an overnight high of 1.2666 before extending its gain this morning. Momentum remains strong and further GBP strength would not be surprising even though the major resistance at 1.2740 may not be easy to crack (1.2700 is already quite a strong resistance). On the downside, 1.2605 is expected to be strong enough to hold any pull-back (minor support is at 1.2640).”

Next 1-3 weeks: “After trading sideways for several days, GBP lifted off and is currently approaching the top of our expected range of 1.2470/1.2700. In view of the rapid build-up in momentum, a break of 1.2700 would not be surprising. All in, GBP is expected to trade with an upward bias and if it breaks the major 1.2740 level, it could lead to a rapid rise towards the June’s peak at 1.2812. On the downside, a breach of 1.2560 (‘strong support’ level) would indicate our positive view for GBP is wrong.”

Jul 21, 2020

USD/INR Price News: Indian rupee bulls catch a breather around two-week low under 75.00

USD/INR struggles to extend the previous fall while taking rounds to 74.80 during the initial Indian session. The pair consolidates near the lowest in
Read more Previous
Jul 21, 2020

Germany’s Maas: Brexit deal still possible by October but ambitious

German Foreign Minister Heiko Maas said on Tuesday, a Brexit agreement by October based on political declaration is ambitious, but is still possible.
Read more Next