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Midday update for the GBPUSD 20-10-2021

Economies.com
2021-10-20 09:14AM UTC

The GBPUSD pair faces negative pressure to break 1.3795 level and moves below it, which urges caution from the upcoming trading, as holding below this level will stop the morning suggested positive scenario and press on the price to visit 1.3720 level before any new positive attempt, while the price needs to step above 1.3795 to resume the bullish track that its next target located at 1.3910.

 

The expected trading range for today is between 1.3750 support and 1.3900 resistance.

 

The expected trend for today: Bullish

Midday update for the EURUSD 20-10-2021

Economies.com
2021-10-20 09:14AM UTC

The EURUSD pair trades negatively to test the key support base 1.1615, and as we mentioned this morning, the price needs to hold above this level to keep the bullish trend active for today, supported by stochastic reach to the oversold areas, waiting to test 1.1670 level initially, noting that breaking 1.1615 will stop the expected rise and press on the price to turn to decline.

 

The expected trading range for today is between 1.1570 support and 1.1720 resistance.

 

The expected trend for today: Bullish

Natural gas price settles above the support – Analysis – 20-10-2021

Economies.com
2021-10-20 04:48AM UTC

There is no change on Natural gas price track by its repeated stability above the extra support at 4.880 level, to increase the chances for begin the expected bullish attack, and providing positive momentum by stochastic reach to 80 level will ease the mission of targeting the positive stations that are located at 5.140 and 5.500. 

 

The expected trading range for today is between 4.8800 and 5.140

 

The expected trend for today: Bullish

 

GBPNZD resumes the decline– Analysis – 20-10-2021

Economies.com
2021-10-20 04:48AM UTC

GBPNZD price formed a new bearish wave to settle below 1.9315 level, which forms the neckline of the inverted head and shoulders pattern, and that reinforces the domination of the bearish track, to expect forming a strong bearish attack, to target 1.9160 level reaching the initial support at 1.9065.

 

Stochastic fluctuation within the oversold level supports our negative expectation by providing extra negative momentum, to ease the mission of reaching the suggested targets.

 

The expected trading range for today is between 1.9310 and 1.9190

 

The expected trend for today: Bearish.

 

 

Frequently asked questions

What is the price of GBP/USD today?

The price of GBP/USD is $1.3630 (2025-07-03 04:35AM UTC)