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Midday update for the GBPUSD 30-05-2022

Economies.com
2022-05-30 09:16AM UTC

The GBPUSD pair settles above 1.2590 level, to keep the bullish trend active for today, getting continuous support by the EMA50, waiting to resume the positive trades that target 1.2725 level as a first positive station.

 

The expected trading range for today is between 1.2590 support and 1.2740 resistance.

 

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The expected trend for today: Bullish

Midday update for the EURUSD 30-05-2022

Economies.com
2022-05-30 09:15AM UTC

The EURUSD pair tests 1.0770 level and finds solid resistance there, and as long as the price is above 1.0670, our bullish overview will remain valid and active for today, supported by the EMA50, reminding you that breaching 1.0770 is required to confirm rallying towards 1.0865 as a next positive station.

 

The expected trading range for today is between 1.0680 support and 1.0840 resistance.

 

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The expected trend for today: Bullish

No news for copper price – Analysis – 30-5-2022

Economies.com
2022-05-30 04:54AM UTC

No news for copper price, as the major indicators continue to contradict, to keep its stability above the additional support at 4.1800 to continue postponing the negative attack by rallying towards 4.3200.

 

There is a chance to renew the correctional bullish attempts to expect targeting the major resistance at 4.4100 before reaching any new negative station, which allows us to suggest the correctional bullish bias for now and monitor its behavior after testing the mentioned resistance.

 

The expected trading range for today is between 4.2500 and 4.4100

 

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The expected trend for today: Bullish temporarily

Platinum price repeats the sideways fluctuation – Analysis – 30-5-2022

Economies.com
2022-05-30 04:54AM UTC

Platinum price still confined within the sideways track until this moment, to continue forming mixed trades, affected by the contradiction between the major indicators, to fluctuate between 985.00 resistance and 918.00 support.

 

These factors allow us to stay neutral and wait to breach one of the mentioned barriers to manage to detect the main trend and the main targets as explained in our previous report.

 

The expected trading range for today is between 970.00 and 920.00

 

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The expected trend for today: Sideways

Frequently asked questions

What is the price of GBP/USD today?

The price of GBP/USD is $1.3498 (2025-07-11 23:35PM UTC)