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The GBPCAD attempts to regain the bullish path – Forecast today – 17-6-2026
The GBPCAD pair’s price has recently formed several bullish waves, as we notice it is currently positioned above the main ascending channel support extending toward 1.8745. It is attempting to regain the bullish path by achieving some gains, given its current position near 1.8800.
Repeated stability above the previously mentioned support, along with the main indicators attempting to provide positive momentum, will increase the effectiveness of the bullish path. We expect the price to target the 1.8870 level soon and then pressure the recent high formed near 1.8910.
The expected trading range for today is between 1.8760 and 1.8870.
Trend forecast: Bullish
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Natural gas price fluctuates below the 55-period moving average – Forecast today – 17-6-2026
Despite the attempt of natural gas price to form some positive trades, its repeated positioning below the 55-period moving average, which acts as a strong barrier at 3.360$, supports the chances of the bearish path dominating the near-term trading.
MoreThe EURJPY provides a positive signal – Forecast today – 17-6-2026
The EURJPY pair’s price has provided a positive signal by closing daily trading above the stable barrier at 185.80, attempting to take advantage of the main indicators’ positive momentum to confirm its transition into a new positive phase. We note that it touched the 186.30 level during this morning’s trading.
MoreThe GBPJPY stabilizes near resistance – Forecast today – 17-6-2026
The pair’s price renewed its attempts to pressure the stable resistance at 215.50, trying to find a way to resume the previously expected bullish attack. We recommend waiting for the price to achieve the required breakout, which would strengthen the chances of reaching positive levels that may begin at 216.60 and extend in the near term toward 217.55.
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