Midday update for the GBPUSD 26-10-2021

Economies.com
2021-10-26 09:13AM UTC

The GBPUSD pair resumes its positive trading to move away from the bullish channel’s support line, reinforcing the expectations of continuing the bullish trend for today, supported by the EMA50 that carries the price from below, depending on the price stability above 1.3720, reminding you that we need to breach 1.3795 to open the way to head towards 1.3910 as a next main station.

 

The expected trading range for today is between 1.3700 support and 1.3860 resistance.

 

The expected trend for today: Bullish

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 ...