Midday update for the GBPUSD 13-01-2020

Economies.com
2020-01-13 10:13AM UTC

The GBPUSD pair resumes its negative trading to break 1.3000 level and settles below it, reinforcing the expectations for the continuation of the bearish trend for the rest of the day, targeting 1.2920 level as a next main station, reminding you that holding below 1.3150 is important for the continuation of the expected decline.

 

The expected trading range for today is between 1.2920 support and 1.3100 resistance.

 

The expected trend for today: Bearish

Forex and Currency News

Forex News

Forex

The Australian dollar shines and the Japanese yen collapses!
2024-04-28 18:43PM UTC
Market Updates on Foreign Currencies The Australian currency tops the list of winning ...
USD/JPY news

Forex

Yen swoons by over 1% after BOJ decision
2024-04-26 18:30PM UTC
Yen tumbled against most major rivals on Friday following the Bank of Japan’s policy ...
GBP/JPY news

Forex

Sterling surges to 16-year peak against yen
2024-04-26 08:11AM UTC
Sterling rose in European trade on Friday against a basket of major rivals, extending gains for the ...

Forex Technical Analysis

Technical Analysis

Forex

The GBPAUD hits the first target – Forecast today – 29-4-2024
2024-04-29 05:57AM UTC
GBPAUD Price Analysis Expected Scenario The GBPAUD price started to form new negative ...
GBP JPY Analysis

Forex

The GBPJPY exceeds the expectations – Forecast today – 29-4-2024
2024-04-29 05:49AM UTC
GBPJPY Price Analysis Expected Scenario The GBPJPY pair was affected by strong economic ...
USD CHF Analysis

Forex

The USDCHF price awaits the breach – Forecast today - 29-04-2024
2024-04-29 03:32AM UTC
USDCHF Price Analysis The USDCHF price continues to fluctuate around 0.9150 level and finds ...