GBPUSD is stable – Analysis - 11-02-2019
Economies.com
2019-02-11 05:22AM UTC
The GBPUSD pair keeps its stability below 1.2962 level, to keep the bearish trend scenario active until now, and the price needs to surpass 1.2885 to confirm rallying towards our next target at 1.2800.
We should note that breaching 1.2962 and holding above it will stop the expected decline and lead the price to start recovery new attempts that target 1.3226 areas mainly.
The expected trading range for today is between 1.2820 support and 1.3000 resistance.
The expected trend for today: Bearish
Forex and Currency News
Forex
Dollar regains footing ahead of important Fed remarks
2024-05-07 11:34AM UTC
Dollar rose in European trade on Tuesday against a basket of major rivals, holding ground above ...
Forex
Aussie is worst performing major currency after RBA's decision
2024-05-07 08:01AM UTC
The Australian dollar fell in European trade on Tuesday against a basket of major rivals, moving ...
Forex
Yen extends losses as intervention momentum from Japanese authorities fades
2024-05-07 04:03AM UTC
Yen lost ground in Asian trade against a basket of major rivals, heading for the second loss in a ...
Forex Technical Analysis
Forex
The USDCHF price continues to rise – Forecast today - 08-05-2024
2024-05-08 03:54AM UTC
USDCHF Price Analysis Outlook and Forecast for Current Trading Sessions Expected ...
Forex
The NZDUSD price breaks the support – Forecast today - 08-05-2024
2024-05-08 03:54AM UTC
NZDUSD Price Analysis Outlook and Forecast for Current Trading Sessions Expected ...
Forex
The AUDUSD price under the negative pressure – Forecast today - 08-05-2024
2024-05-08 03:54AM UTC
AUDUSD Price Analysis Outlook and Forecast for Current Trading Sessions Expected ...