The GBPUSD approaches the target – Analysis - 04-04-2019
Economies.com
2019-04-04 04:14AM UTC
The GBPUSD pair provided positive trades yesterday and heads towards our waited target at 1.3226, to continue suggesting the bullish trend on the intraday basis, reminding you that the stability of this level against the current rise will press on the price to rebound bearishly and decline towards 1.2962 mainly.
On the other hand, breaching 1.3226 will lead the price to achieve more gains on the short term basis, to extend the positive targets and reach 1.3300 followed by 1.3490.
The expected trading range for today is between 1.3100 support and 1.3260 resistance.
The expected trend for today: Bullish temporarily
Forex and Currency News
Forex
Dollar hovers near three-week trough as US yields taper off
2024-05-06 11:23AM UTC
Dollar fell in European trade on Monday against a basket of major rivals, extending losses for the ...
Forex
Euro approaches three-week high amid bullish outlook
2024-05-06 08:02AM UTC
Euro rose in European trade on Monday against a basket of major rivals, maintaining gains for the ...
Forex
Dollar plumbs three-week low ahead of US payrolls report
2024-05-03 11:57AM UTC
Dollar fell in European trade on Friday against a basket of major rivals, extending losses for the ...
Forex Technical Analysis
Forex
The GBPUSD forecast update 06-05-2024
2024-05-06 11:08AM UTC
GBPUSD Price Analysis The GBPUSD price attempts to breach the 1.2580$ level. Waiting to surpass ...
Forex
The EURUSD price forecast update - 06-05-2024
2024-05-06 11:08AM UTC
EURUSD Price Analysis The EURUSD price settles at the intraday bullish channel’s support ...
Forex
Deere price surrounded with positive pressures - Forecast today - 06-05-2024
2024-05-06 10:28AM UTC
Deere & Company’s stock (DE) extended its gains in the intraday levels, amid the ...