Midday update for GBPUSD 13-11-2017
Economies.com
2017-11-13 11:01AM UTC
The GBPUSD pair trades with clear negativity since morning to start attacking the key support 1.3096 and moves below it now, hinting the price head to achieve more decline in the upcoming period, but we need a four hours' candlestick close below the mentioned level initially to confirm extending the bearish wave towards 1.2973 as a next target.
Therefore, the sideways scenario will remain dominant until the price confirms breaking 1.3096 support or breaching 1.3295 resistance.
Expected trading range for today is between 1.3000 support and 1.3295 resistance.
Expected trend for today: Sideways
Forex and Currency News
Forex
Yen swoons by over 1% after BOJ decision
2024-04-26 18:30PM UTC
Yen tumbled against most major rivals on Friday following the Bank of Japan’s policy ...
Forex
Sterling surges to 16-year peak against yen
2024-04-26 08:11AM UTC
Sterling rose in European trade on Friday against a basket of major rivals, extending gains for the ...
Forex
Dollar tumbles to two-week lows ahead of US growth data
2024-04-25 11:18AM UTC
Dollar fell in European trade on Thursday against a basket of major rivals, resuming losses and ...
Forex Technical Analysis
Forex
End of day EURUSD price forecast update - 26-04-2024
2024-04-26 16:36PM UTC
The EURUSD price is facing strong negative pressure to break 1.0715$ level and attempts to hold ...
Forex
The GBPUSD forecast update 26-04-2024
2024-04-26 10:59AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price shows some slight bearish bias ...
Forex
The EURUSD price forecast update - 26-04-2024
2024-04-26 10:58AM UTC
EURUSD Price Analysis Expected Scenario The EURUSD price settles above 1.0715$ level, ...