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The GBPJPY repeats the pressure on the barrier– Forecast today – 1-6-2026
The GBPJPY pair returned to form some bullish waves, affected by forming an extra strong support at 213.30 level, to renew the pressure on 214.50 barrier, which represents %66.8 Fibonacci correction level.
The attempt of providing positive momentum by the main indicators, as stochastic approaches 80 level might ease the mission of surpassing the current barrier, announcing its readiness to record extra gains by its rally towards 214.95 and 215.25, while the failure of the breach will force it to provide mixed unstable trading with a new chance for the decline towards 213.30.
The expected trading range for today is between 214.00 and 215.25
Trend forecast: Bullish
Platinum price needs extra momentum– Forecast today – 1-6-2026
Platinum price kept its positive stability above $1865.00 level, keeping the bullish scenario, however the main indicators contradiction pushed it to provide more sideways trading by its stability near $1930.00.
MoreCopper price settles above the support level– Forecast today – 1-6-2026
Copper price settled again above the extra support level near $6.1000, benefiting from providing positive momentum that comes from stochastic, forming some bullish waves to press on the barrier at $6.4000, to form a key for resuming the bullish trend.
MoreEthereum (ETHUSD) Under Negative Pressure – Analysis – 01-06-2026
Ethereum declined in recent intraday trading, reflecting the dominance of the short-term bearish trend. Price action continues to move along a descending trendline, while trading below the EMA50, which reinforces ongoing downside pressure.
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