Midday update for the GBPUSD 01-02-2023
Economies.com
7 months ago
The GBPUSD pair didn’t show any strong move since morning, to continue fluctuating around 1.2320 level, thus, no change to our neutrality until the price confirms breaking 1.2285 support or breaching 1.2320 resistance to detect the next targets clearly, noting that the details of the expected targets after the breach are explained in our morning report.
The expected trading range for today is between 1.2210 support and 1.2410 resistance.
The expected trend for today: Neutral
Forex and Currency News
Forex
Euro trades near six-month low ahead of major European data
21 hours ago
Euro fell in European trade on Friday against a basket of major rivals, extending losses for the ...
Forex
Sterling sharpens decline to six-month lows after surprise decision by BOE
1 day ago
Sterling fell on Thursday after Bank of England announced a surprise pause in the cycle of rate ...
Forex
Dollar extends gains to six-month high on Fed prospects
1 day ago
US Dollar rose in European trade on Thursday against a basket of major rivals for the third ...
Forex Technical Analysis
Forex
Midday update for the NZDUSD 22-09-2023
17 hours ago
The NZDUSD pair breached 0.5940 level clearly to activate the positive scenario in the upcoming ...
Forex
Midday update for the AUDUSD 22-09-2023
17 hours ago
The AUDUSD pair trades positively to surpass 0.6440 and attempts to hold above it, to hint heading ...
Forex
Midday update for the GBPUSD 22-09-2023
17 hours ago
The GBPUSD pair resumes its negative trading clearly to press on the bearish channel’s ...