GBPUSD within sideways track – Analysis - 22-02-2019
Economies.com
2019-02-22 05:13AM UTC
The minor image shows that the GBPUSD pair fluctuates within sideways track recently, which we believe that it forms positive rectangle pattern, thus, breaching 1.3095 will provide good positive motive that supports the expectations of continuing the main bullish trend.
The EMA50 and stochastic provide positive signals now, making the chances valid to rise in the upcoming sessions, reminding you that our next target reaches 1.3226, while achieving it conditions holding above 1.2962.
The expected trading range for today is between 1.2960 support and 1.3150 resistance.
The expected trend for today: Bullish
Forex and Currency News
Forex
Dollar plumbs three-week low ahead of US payrolls report
2024-05-03 11:57AM UTC
Dollar fell in European trade on Friday against a basket of major rivals, extending losses for the ...
Forex
Yen hits three-week high as Japanese authorities intervene
2024-05-03 04:57AM UTC
Yen rose in Asian trade on Friday against major rivals, extending gains for the third straight ...
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 Technical Analysis
Forex
The NZDUSD price forecast update 03-05-2024
2024-05-03 13:54PM UTC
The NZDUSD price breached 0.6000$ level strong and settled above it, reinforcing the expectations ...
Forex
The AUDUSD price forecast update 03-05-2024
2024-05-03 13:54PM UTC
The AUDUSD price traded with strong positivity to succeed achieving our new waited target at ...
Forex
The GBPUSD forecast update 03-05-2024
2024-05-03 13:52PM UTC
The GBPUSD price traded with strong positivity to breach 1.2580$ level strongly but it returns to ...