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Midday update for the GBPUSD 01-07-2022

Economies.com
2022-07-01 09:16AM UTC

The GBPUSD pair continues to decline to approach our first waited target at 1.2077, waiting to break this level to confirm extending the bearish wave towards 1.1933, to keep the bearish trend scenario valid in the upcoming sessions conditioned by the price stability below 1.2225.

 

The expected trading range for today is between 1.2050 support and 1.2200 resistance.

 

The expected trend for today: Bearish

Midday update for the EURUSD 01-07-2022

Economies.com
2022-07-01 09:16AM UTC

The EURUSD pair shows negative trades now in attempt to resume the expected bearish trend for today, to keep the negative scenario active in the upcoming for the upcoming sessions, motivated by stochastic negativity, supported by the EMA50, reminding you that our next target reaches 1.0355, while achieving it requires holding below 1.0550.

 

The expected trading range for today is between 1.0370 support and 1.0510 resistance.

 

The expected trend for today: Bearish

The EURCHF prepares to resume the decline – Analysis – 1-7-2022

Economies.com
2022-07-01 06:51AM UTC

The EURCHF pair continued to form negative trades due to the frequent stability within the bearish channel, to record new negative level by reaching 0.9945 level, expecting to form additional barrier at 1.0010 and get negative momentum by stochastic to form new negative attack to attempt to reach 0.9930 followed by reaching the bearish channel’s support line at 0.9825.

 

The expected trading range for today is between 1.0010 and 0.9930

 

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The expected trend for today: Bearish

IBEX index attempts to resume the decline – Analysis – 1-7-2022

Economies.com
2022-07-01 06:51AM UTC

IBEX index renews forming negative trades, to keep the stability within the bearish channel again, renewing the negative pressure on the initial support at 7950, noticing stochastic reach to the oversold areas to increase the chances of gathering the required negative momentum to resume the decline, to keep waiting to record the targets at 7790 and 7680 in the near term and medium term period.

 

The expected trading range for today is between 8060 and 7800

 

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The expected trend for today: Bearish

Frequently asked questions

What is the price of GBP/USD today?

The price of GBP/USD is $1.3498 (2025-07-11 21:35PM UTC)