Midday update for the GBPUSD 20-04-2021

Economies.com
2021-04-20 10:39AM UTC

The GBPUSD pair keeps its stability above 1.3945 level, to keep the positive scenario active for today, supported by the EMA50, waiting to head towards 1.4080 as a next main target, noting that breaking 1.3945 will force the price to return to the correctional bearish track again.

 

The expected trading range for today is between 1.3920 support and 1.4080 resistance.

 

The expected trend for today: Bullish

Forex and Currency News

Forex News

Forex

Dollar under pressure ahead of Fed remarks
2024-05-20 11:53AM UTC
The dollar fell in European trade on Monday against a basket of major rivals, resuming losses and ...
EUR/USD news

Forex

Euro trades at two-month highs amid positive outlook
2024-05-20 06:38AM UTC
Euro rose in European trade on Monday against a basket of major rivals, resuming gains and ...
USD/JPY news

Forex

Yen extends losses as Banks of Japan holds off intervention
2024-05-17 04:36AM UTC
Yen fell in Asian trade on Friday against a basket of major rivals, extending losses for the second ...

Forex Technical Analysis

GBP USD Analysis

Forex

The GBPUSD forecast update 20-05-2024
2024-05-20 10:39AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price hovers near the 1.2700$ level ...
EUR USD Analysis

Forex

The EURUSD price forecast update - 20-05-2024
2024-05-20 10:38AM UTC
EURUSD Price Analysis Expected Scenario The EURUSD price shows negative trading now, in ...
EUR JPY Analysis

Forex

The EURJPY jumps above the barrier – Forecast today – 20-5-2024
2024-05-20 05:45AM UTC
EURJPY Pair Analysis Expected Scenario The EURJPY pair was affected by frequent positive ...