Midday update for GBPUSD 01-10-2018
Economies.com
2018-10-01 09:47AM UTC
The GBPUSD pair retests 1.3055 level that represents the broken neckline of the double top pattern, to keep the negative effect of this pattern active, supported by stochastic loss to the positive momentum gradually, reminding you that our targets begin at 1.2963 and extend to 1.2800 after breaking the previous level, while holding below 1.3055 and 1.3110 levels represents key condition to continue the suggested bearish bias.
Expected trading range for today is between 1.2930 support and 1.3110 resistance.
Expected trend for today: Bearish
Forex and Currency News
Forex
Aussie gains ground despite mixed data
2024-04-23 20:58PM UTC
The Australian dollar rose against a basket of major rivals on Tuesday following mixed ...
Forex
Dollar moves in a positive zone as US treasury yields gian ground
2024-04-22 11:41AM UTC
Dollar rose in European trade on Monday against a basket of major rivals, resuming movements in the ...
Forex
Euro gains ground and heads for $1.07
2024-04-22 07:45AM UTC
Euro rose in European trade on Monday against a basket of major rivals, extending gains for the ...
Forex Technical Analysis
Forex
The NZDUSD price attempts positively – Forecast today - 24-04-2024
2024-04-24 03:58AM UTC
NZDUSD Price Expected Scenario The NZDUSD price shows calm bullish bias to move away ...
Forex
The AUDUSD price hits the target – Forecast today - 24-04-2024
2024-04-24 03:58AM UTC
AUDUSD Price Expected Scenario The AUDUSD price managed to achieve our waited target at ...
Forex
The USDCAD price hits the first target – Forecast today - 24-04-2024
2024-04-24 03:55AM UTC
USDCAD Price Analysis USDCAD Scenario: The USDCAD price succeeded to touch our first waited ...