The GBPUSD achieves the first target – Analysis - 12-07-2019

Economies.com
2019-07-12 04:53AM UTC

The GBPUSD pair managed to reach our waited target at 1.2575 yesterday, starting today with new positivity to hint the price head to breach the mentioned level and open the way to achieve more gains in the upcoming period, as the next target is located at 1.2655.

 

Therefore, we will continue to suggest the bullish trend conditioned by the price stability above 1.2476.

 

The expected trading range for today is between 1.2476 support and 1.2630 resistance.

 

The expected trend for today: Bullish

Forex and Currency News

USD/JPY news

Forex

Yen moves in negative zone under supervision of Japanese authorities
2024-05-08 04:36AM UTC
Yen declined on Wednesday in Asian trade against a basket of major rivals, extending losses for the ...
Forex News

Forex

Dollar regains footing ahead of important Fed remarks
2024-05-07 11:34AM UTC
Dollar rose in European trade on Tuesday against a basket of major rivals, holding ground above ...
AUD/USD news

Forex

Aussie is worst performing major currency after RBA's decision
2024-05-07 08:01AM UTC
The Australian dollar fell in European trade on Tuesday against a basket of major rivals, moving ...

Forex Technical Analysis

USD CHF Analysis

Forex

The USDCHF price gets a positive motive – Forecast today - 09-05-2024
2024-05-09 03:41AM UTC
USDCHF Price Analysis Forecasts and Analysis The USDCHF price settles around the 0.9085 ...
NZD USD Analysis

Forex

The NZDUSD price awaits additional break – Forecast today - 09-05-2024
2024-05-09 03:41AM UTC
NZDUSD Price Analysis Forecasts and Analysis The NZDUSD price fluctuates around the ...
AUD USD Analysis

Forex

The AUDUSD price faces solid support – Forecast today - 09-05-2024
2024-05-09 03:41AM UTC
AUDUSD Price Analysis Forecasts and Analysis The AUDUSD price finds solid support around ...