GBPUSD is stable – Analysis - 03-12-2018
Economies.com
2018-12-03 05:22AM UTC
The GBPUSD pair approached testing the key support that rises now to 1.2730 and bounced bullishly from there, which keeps the bullish trend scenario valid until now, supported by stochastic positivity, waiting to test 1.2963 level mainly.
We should note that breaking 1.2730 will push the price to test 1.2636 level initially before detecting the next destination clearly.
Expected trading range for today is between 1.2700 support and 1.2880 resistance.
Expected trend for today: Bullish
Forex and Currency News
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
Franc is best performing major currency after Swiss data
2024-05-02 07:52AM UTC
Swiss Franc rallied in European trade on Thursday, extending gains for the second straight day ...
Forex
Dollar parks at two-week highs ahead of Fed decisions
2024-05-01 11:37AM UTC
The dollar rose in European trade on Wednesday against a basket of major rivals, extending gains ...
Forex Technical Analysis
Forex
The EURUSD price forecast update - 02-05-2024
2024-05-02 09:05AM UTC
EURUSD Trading Report The EURUSD price continues to fluctuate around 1.0715$ level, and we still ...
Forex
The EURGBP tests key support – Forecast today – 2-5-2024
2024-05-02 08:15AM UTC
Expected Scenarios The EURGBP price formed many bearish trades recently, to test 38.2% ...
Forex
The EURJPY tests the major support – Forecast today – 2-5-2024
2024-05-02 08:09AM UTC
Expected Scenarios The EURJPY pair activated the profit gaining process yesterday by forming ...