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Midday update for the GBPUSD 09-05-2022

Economies.com
2022-05-09 09:28AM UTC

The GBPUSD pair shows additional negative trades, to keep our bearish overview for today, and continues to move inside the bearish channel that supports the chances of achieving our negative targets that reach 1.2200, reminding you that the continuation of the bearish wave depends on the price stability below 1.2410.

 

The expected trading range for today is between 1.2200 support and 1.2350 resistance.

 

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The expected trend for today: Bearish

Midday update for the EURUSD 09-05-2022

Economies.com
2022-05-09 09:27AM UTC

The EURUSD pair keeps its stability below the broken support of the bullish channel, to keep the negative scenario active for today, supported by the negative pressure formed by the EMA50, waiting to visit 1.0450 followed by 1.0400 levels as next main stations, reminding you that it is important to hold below 1.0580 to continue the expected decline.

 

The expected trading range for today is between 1.0420 support and 1.0580 resistance.

 

Open Real Trading Account

The expected trend for today: Bearish

Copper price repeats the negative attempts – Analysis – 9-5-2022

Economies.com
2022-05-09 04:53AM UTC

Copper price returned to form more negative waves to settle near 38.2% Fibonacci correction level that formed an obstacle against the negative attack at 4.1800, expecting to get more negative momentum by the major indicators to achieve the required break and manage to continue the negative attack to reach the additional stations at 4.0500 and 3.9300.

 

The expected trading range for today is between 4.3500 and 4.0500

 

The expected trend for today: Bearish

Platinum price gets new negative momentum – Analysis – 9-5-2022

Economies.com
2022-05-09 04:53AM UTC

Platinum price provided new negative close below 1000.00 resistance, affected by the major indicators that provide the negative momentum until this moment, to settle near the initial support at 950.00.

 

Therefore, we will suggest more negative trades that might target the key support 915.00, which breaking it will confirm moving to new bearish track, to expect suffering big losses that start at 855.00.

 

The expected trading range for today is between 980.00 and 915.00

 

The expected trend for today: bearish

 

 

Frequently asked questions

What is the price of GBP/USD today?

The price of GBP/USD is $1.3429 (2025-07-14 20:45PM UTC)