Midday update for GBPUSD 08-01-2018
Economies.com
2018-01-08 10:36AM UTC
The GBPUSD pair shows some bearish bias to push on the key support 1.3540, which urges caution from the upcoming trades, as holding below this level will force the price to visit 1.3419 areas before any new positive attempt.
Until now, we will keep our bullish overview unless the price settled below 1.3540, reminding you that our first main target is represented by testing 1.3618.
Expected trading range for today is between 1.3500 support and 1.3650 resistance.
Expected trend for today: Bullish
Forex and Currency News
Forex
Yen moves in negative zone under supervision of Japanese authorities
2024-05-08 04:36AM UTC
Yen declined on Wednesday in Asian trade against a basket of major rivals, extending losses for the ...
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 Technical Analysis
Forex
The NZDUSD price forecast update 08-05-2024
2024-05-08 09:36AM UTC
NZDUSD Price Analysis Expected Scenario The NZDUSD price presses on the key support ...
Forex
The AUDUSD price forecast update 08-05-2024
2024-05-08 09:36AM UTC
AUDUSD Price Analysis Expected Scenario The AUDUSD price achieved initial break to ...
Forex
The GBPUSD forecast update 08-05-2024
2024-05-08 09:36AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price achieved initial break to ...