Midday update for the GBPUSD 14-09-2022
Economies.com
2022-09-14 09:24AM UTC
The GBPUSD pair trades with clear positivity after leaning on the support base formed at 1.1485, which urges caution from the upcoming trading, as there’s a chance to test 1.1610 resistance line in the upcoming sessions, while it needs to hold below 1.1565 to guarantee the continuation of the negative scenario that its next main target located at 1.1410.
The expected trading range for today is between 1.1410 support and 1.1580 resistance.
The expected trend for today: Bearish
Forex and Currency News
Forex
Euro extends gains to two-month highs amid positive outlook
2024-05-16 08:33AM UTC
Euro rose in European trade on Thursday against a basket of major rivals, extending gains for the ...
Forex
Yen gains ground as US treasury yields dip
2024-05-16 04:20AM UTC
Yen rose in Asian trade on Thursday against a basket of major rivals, extending gains for the ...
Forex
US Dollar extends losses after inflation data
2024-05-15 20:25PM UTC
The US dollar fell against most major rivals on Wednesday, extending losses after the release of US ...
Forex Technical Analysis
Forex
The NZDUSD price needs the positive momentum – Forecast today - 17-05-2024
2024-05-17 04:07AM UTC
Price Analysis for NZDUSD Expected Scenario The NZDUSD price shows sideways trades in the ...
Forex
The AUDUSD price heads towards resting the neckline – Forecast today - 17-05-2024
2024-05-17 04:07AM UTC
Price Analysis for AUDUSD Expected Scenario The AUDUSD price faces temporary negative ...
Forex
The USDCAD price attempts positively – Forecast today - 17-05-2024
2024-05-17 04:06AM UTC
Price Analysis for USDCAD Expected Scenario The USDCAD price found solid support at ...