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Midday update for the GBPUSD 27-05-2022

Economies.com
2022-05-27 08:57AM UTC

The GBPUSD pair fluctuates within sideways track since morning, keeping its stability above the key support base 1.2590, to keep the bullish trend scenario active for today, which depends on the price stability above the mentioned support and above 1.2560, reminding you that our next main target is located at 1.2725.

 

The expected trading range for today is between 1.2590 support and 1.2750 resistance.

 

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The expected trend for today: Bullish

Midday update for the EURUSD 27-05-2022

Economies.com
2022-05-27 08:57AM UTC

The EURUSD pair shows some slight bearish bias, affected by stochastic negativity, waiting to get positive momentum that assist to push the price to resume the bullish wave that its targets begin by breaching 1.0770 to confirm rallying towards 1.0865 as a next station, reminding you that failing to breach 1.0770 will force the price to decline towards 1.0670 mainly. 

 

The expected trading range for today is between 1.0700 support and 1.0850 resistance.

 

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The expected trend for today: Bullish

Copper price continues to postpone the decline – Analysis – 27-5-2022

Economies.com
2022-05-27 05:43AM UTC

Despite the frequent fluctuation below 4.4100 major resistance, and the negative momentum coming by the major indicators, copper price surrendered to the domination of the sideways bias due to the stability of the additional support 4.1800, which hinders the previously suggested negative attack.

 

These factors will increase the chances to test the resistance now unless breaking 4.1800 that represents the main way to target the negative stations that might start at 4.1000 and 3.9300 levels.

 

The expected trading range for today is between 4.2000 and 4.4000

 

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The expected trend for today: Bearish

Platinum price still confined – Analysis – 27-5-2022

Economies.com
2022-05-27 05:43AM UTC

No news for platinum price that continues to fluctuate within the sideways track until this moment, noting that the consolidation of the moving average 55 near 980.00 barrier and stochastic crawl below 50 level will increase the chances of forming some negative waves, to manage to press on the sideways track’s support line at 915.00, followed by monitoring the price behavior to manage to detect the next main targets.

 

The expected trading range for today is between 970.00 and 915.00

 

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The expected trend for today: Bearish

Frequently asked questions

What is the price of GBP/USD today?

The price of GBP/USD is $1.3647 (2025-07-04 23:55PM UTC)