Midday update for the GBPUSD 14-09-2023

Economies.com
2023-09-14 09:42AM UTC

The GBPUSD pair settles near 1.2505 level, keeping its stability below it, while stochastic begins to overlap negatively now, waiting to resume the expected bearish wave for today, which its next main targets located at 1.2400 followed by 1.2310, reminding you that the continuation of the bearish wave depends on the price stability below 1.2505.

 

The expected trading range for today is between 1.2400 support and 1.2550 resistance.

 

The expected trend for today: Bearish

Forex and Currency News

GBP/USD news

Forex

BoE holds interest rates unchanged
2024-06-20 11:11AM UTC
The Bank of England voted to hold interest rates unchanged at the June 20 policy meeting for the ...
USD/CHF news

Forex

Franc is worst performing major currency after SNB surprise
2024-06-20 09:29AM UTC
The Swiss franc tumbled in European trade on Thursday away from three-month highs against the US ...
GBP/USD news

Forex

Sterling moves in a negative zone ahead of BOE's decisions
2024-06-20 08:32AM UTC
Sterling fell in European trade on Tuesday against a basket of major rivals, moving in a negative ...

Forex Technical Analysis

GBP USD Analysis

Forex

The GBPUSD forecast update 21-06-2024
2024-06-21 09:19AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price provided clear negative trades ...
EUR USD Analysis

Forex

The EURUSD price forecast update - 21-06-2024
2024-06-21 09:19AM UTC
EURUSD Price Analysis Expected Scenario The EURUSD price managed to touch our first ...
Technical Analysis

Forex

The AUDCAD ends the bullish rally – Forecast today – 21-6-2024
2024-06-21 07:52AM UTC
AUDCAD Price Analysis Expected Scenario The AUDCAD price confirmed ending the bullish ...