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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

Midday update for the EURUSD 06-10-2021

Economies.com
2021-10-06 09:47AM UTC

The EURUSD pair managed to break 1.1563 level and settles below it, reinforcing the expectations of continuing the bearish trend for the rest of the day, opening the way to head towards 1.1500 that represents our next main target, noting that the EMA50 continues to support the expected decline, which conditions holding below 1.1645.

 

The expected trading range for today is between 1.1500 support and 1.1645 resistance.

 

The expected trend for today: Bearish

Natural gas price attacks the resistance – Analysis – 6-10-2021

Economies.com
2021-10-06 04:59AM UTC

Natural gas price formed new bullish rally to attack 6.300 resistance line, settling below it, reminding you that the continuous fluctuation below this resistance will form strong motive to start the correctional bearish track that might target 5.600 initially.

 

On the other hand, succeeding to breach 6.307 and holding above it will open the way to resume the bullish attack, to target new positive levels that might start at 6.450 followed by reaching the psychological barrier at 7.000.

 

The expected trading range for today is between 6.300 and 5.240

 

The expected trend for today: Bearish

IBEX index begins positively – Analysis – 6-10-2021

Economies.com
2021-10-06 04:59AM UTC

IBEX index opened today with strong positivity, taking advantage of the moving average 55 forming additional support at 8785.00, to notice recording positive targets by reaching 8931.00.

 

Note that stochastic attempt to surpass 50 level will increase the chances of gaining the additional positive momentum to manage to resume the bullish attack, expecting to reach 9015.00 and 9100.00 levels.

 

The expected trading range for today is between 8785.00 and 9000.00

 

The expected trend for today: Bullish

Frequently asked questions

What is the price of GBP/USD today?

The price of GBP/USD is $1.3628 (2025-07-03 04:25AM UTC)