Midday update for GBP USD 29/07/2015
Economies.com
2015-07-29 10:04AM UTC
The GBPUSD pair moves near 1.5645 level, and we are still waiting to breach this level to confirm extending the bullish wave towards 1.5750.
The EMA50 keeps supporting the suggested bullish wave, which its continuation requires holding above 1.5470.
Expected trading range for today is between 1.5500 support and 1.5750 resistance.
Expected trend for today: Bullish
Forex and Currency News
Forex
US retail sales beat expectations in March
2024-04-15 12:39PM UTC
US retail sales rose 0.7% in March, beating estimates of a 0.4% increase, while down from 0.9% in ...
Forex
Euro tries to recoup from five-month trough amid bearish outlook
2024-04-15 08:41AM UTC
Euro rose in European trade on Monday against a basket of major rivals amid attempts to recoup from ...
Forex
Euro sharpens decline to five-month lows on concerns about the interest rate gap
2024-04-12 08:04AM UTC
Euro fell in European trade on Friday against a basket of major rivals, sharpening losses for the ...
Forex Technical Analysis
Forex
The EURGBP tends to resume the decline – Forecast today – 16-4-2024
2024-04-16 05:51AM UTC
EURGBP Price Analysis Expected Scenario The EURGBP pair confirmed its affection by the ...
Forex
The EURJPY achieves some gains – Forecast today – 16-4-2024
2024-04-16 05:47AM UTC
EURJPY Price Analysis Expected Scenario The EURJPY pair rallied upwards yesterday to ...
Forex
The GBPJPY needs to surpass the barrier – Forecast today – 16-4-2024
2024-04-16 05:46AM UTC
GBPJPY Price Analysis Expected Scenario The GBPJPY pair achieved some gains yesterday by ...