GBPUSD succeeds to breach – Analysis - 26-04-2017
Economies.com
2017-04-26 04:51AM UTC
The GBPUSD pair succeeded to confirm breaching the minor resistance after closing the daily candlestick above it, which reinforces the expectations for more of the upside moves on the intraday and short term basis, where the price approaches from the waited target at 1.2890, as breaching it represents the rally key towards 1.3100 as a next main target.
The EMA50 provides continuous positive support for the suggested bullish wave, reminding you that holding above 1.2720 represents an important condition for achieving the suggested targets.
Expected trading range for today is between 1.2750 support and 1.2950 resistance.
Expected trend for today: Bullish
Forex and Currency News
Forex
BOE holds interest rates unchanged for sixth straight meeting
2024-05-09 11:33AM UTC
Bank of England voted to hold interest rates unchanged for the fifth straight meeting at 5.25%, the ...
Forex
Sterling under pressure ahead of BOE decisions
2024-05-09 07:50AM UTC
Sterling fell in European trade on Thursday against a basket of major rivals, extending losses for ...
Forex
Yen moves in negative zone under supervision of Japanese authorities
2024-05-08 04:36AM UTC
Yen declined on Wednesday in Asian trade against a basket of major rivals, extending losses for the ...
Forex Technical Analysis
Forex
The GBPUSD forecast update 09-05-2024
2024-05-09 09:34AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price achieved initial break to ...
Forex
The EURUSD price forecast update - 09-05-2024
2024-05-09 09:34AM UTC
EURUSD Price Analysis Expected Scenario The EURUSD price resumes its negative trading to ...
Forex
The EURGBP begins to rise – Forecast today – 9-5-2024
2024-05-09 05:54AM UTC
EURGBP Price Analysis Expected Scenario The EURGBP price succeeded to hold above 38.2% ...