The GBPAUD still negative – Analysis – 14-7-2020
Economies.com
2020-07-14 05:15AM UTC
The GBPAUD pair provided many negative closings below 1.8250 barrier, to confirm surrendering to the previously suggested bearish bias domination, noticing the beginning of forming bearish waves, expecting to crawl below 1.7960 to reach the negative stations located at 1.7740 and 1.7555.
Stochastic exit from the oversold areas will provide the price with chances to gather the additional negative momentum to agree the stability within the negative track until achieving the suggested targets.
The expected trading range for today is between 1.8120 and 1.7960
The expected trend for today: Bearish
Forex and Currency News
Forex
Dollar plumbs three-week low ahead of US payrolls report
2024-05-03 11:57AM UTC
Dollar fell in European trade on Friday against a basket of major rivals, extending losses for the ...
Forex
Yen hits three-week high as Japanese authorities intervene
2024-05-03 04:57AM UTC
Yen rose in Asian trade on Friday against major rivals, extending gains for the third straight ...
Forex
Dollar rebounds ahead of US unemployment claims data
2024-05-02 11:10AM UTC
Dollar rose in European trade on Thursday against a basket of major rivals, resuming gains after a ...
Forex Technical Analysis
Forex
The NZDUSD price forecast update 03-05-2024
2024-05-03 13:54PM UTC
The NZDUSD price breached 0.6000$ level strong and settled above it, reinforcing the expectations ...
Forex
The AUDUSD price forecast update 03-05-2024
2024-05-03 13:54PM UTC
The AUDUSD price traded with strong positivity to succeed achieving our new waited target at ...
Forex
The GBPUSD forecast update 03-05-2024
2024-05-03 13:52PM UTC
The GBPUSD price traded with strong positivity to breach 1.2580$ level strongly but it returns to ...