GBPUSD awaits the confirmation – Analysis - 27-09-2018
Economies.com
2018-09-27 04:05AM UTC
The GBPUSD pair still stuck between the trend confirmation levels represented by 1.3100 support and 1.3226 resistance, to keep our neutrality valid until now, waiting to breach one of these levels to detect the next targets clearly.
We remind you that breaking the mentioned support will push the price to decline again and target 1.2963 level mainly, while breaching the resistance will open the way to extend the pair’s gains to reach 1.3490 on the near term basis.
Expected trading range for today is between 1.3055 support and 1.3250 resistance.
Expected trend for today: Depends on the above mentioned levels
Forex and Currency News
Forex
Yen extends losses as Banks of Japan holds off intervention
2024-05-17 04:36AM UTC
Yen fell in Asian trade on Friday against a basket of major rivals, extending losses for the second ...
Forex
Euro extends gains to two-month highs amid positive outlook
2024-05-16 08:33AM UTC
Euro rose in European trade on Thursday against a basket of major rivals, extending gains for the ...
Forex
Yen gains ground as US treasury yields dip
2024-05-16 04:20AM UTC
Yen rose in Asian trade on Thursday against a basket of major rivals, extending gains for the ...
Forex Technical Analysis
Forex
The GBPUSD forecast update 17-05-2024
2024-05-17 09:10AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price provides additional negative ...
Forex
The EURUSD price forecast update - 17-05-2024
2024-05-17 09:09AM UTC
EURUSD Price Analysis Expected Scenario The EURUSD price shows additional negative trades ...
Forex
The GBPCHF repeats the attempt to exit the negative track – Forecast today – 17-5-2024
2024-05-17 07:18AM UTC
GBPCHF Price Analysis Expected Scenario The GBPCHF price returned to form new bullish ...