GBPUSD resumes rising – Analysis - 06-11-2018
Economies.com
2018-11-06 04:40AM UTC
The GBPUSD pair resumes its positive trading after leaning on 1.2962 level in the previous sessions, which supports the continuation of our bullish overview on the intraday and short term basis, supported by the EMA50, waiting to visit 1.3226 level as a next target.
We should note that breaking 1.2962 will stop the expected rise and push the price to decline again.
Expected trading range for today is between 1.3000 support and 1.3150 resistance.
Expected trend for today: Bullish
Forex and Currency News
Forex
Dollar tumbles to two-week lows ahead of US growth data
2024-04-25 11:18AM UTC
Dollar fell in European trade on Thursday against a basket of major rivals, resuming losses and ...
Forex
Euro scales 16-year peak against yen
2024-04-25 07:51AM UTC
Euro rallied in Asian trade on Thursday against the yen, extending gains for the fifth straight ...
Forex
Euro parks at two-week high amid positive sentiment
2024-04-24 07:41AM UTC
Euro rose in European trade on Wednesday, widening gains for the fourth straight session and ...
Forex Technical Analysis
Forex
The AUDUSD price forecast update 25-04-2024
2024-04-25 09:42AM UTC
AUDUSD Price Analysis Expected Scenario The AUDUSD price resumes its positive trading ...
Forex
The GBPUSD forecast update 25-04-2024
2024-04-25 09:42AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price rallies upwards strongly to ...
Forex
The EURUSD price forecast update - 25-04-2024
2024-04-25 09:42AM UTC
The EURUSD price trades positively to attack 1.0715$ level and attempts to confirm breaching it, to ...