Midday update for the GBPUSD 06-10-2021
Economies.com
2021-10-06 09:47AM UTC
The GBPUSD pair faced strong negative pressure to break 1.3600 level and settles inside the bearish channel again, to hint heading to return to the bearish track, but we prefer to stay aside until we get clearer signal for the next trend, which we will get through breaking 1.3530 support or breaching 1.3600 resistance.
The expected trading range for today is between 1.3550 support and 1.3700 resistance.
The expected trend for today: Bullish
Forex and Currency News
Forex
Euro approaches week high amid positive outlook
2024-04-18 08:30AM UTC
Euro rose in European trade on Thursday against a basket of major rivals, extending gains for the ...
Forex
Dollar gives up five-month high on profit-taking
2024-04-17 10:56AM UTC
The dollar lost ground in European trade on Wednesday against a basket of major rivals away from ...
Forex
Sterling starts recovering after hot UK inflation data
2024-04-17 06:43AM UTC
Sterling rose in European trade on Wednesday for the first time in four days against the dollar, ...
Forex Technical Analysis
Forex
The GBPUSD forecast update 18-04-2024
2024-04-18 11:09AM UTC
GBP/USD Price Analysis Expected Scenario The GBP/USD price is testing the 1.2480$ ...
Forex
The EURUSD price forecast update - 18-04-2024
2024-04-18 11:08AM UTC
The EURUSD price shows more bullish bias to approach 1.0715$ level, and as we mentioned this ...
Forex
The CADCHF takes advantage of the support line stability – Forecast today – 18-4-2024
2024-04-18 05:38AM UTC
CADCHF Price Analysis Expected Scenario The CADCHF takes advantage of the stability of ...