Trending: Oil | Gold | BITCOIN | EUR/USD | GBP/USD

The GBPUSD approaches the target - Analysis - 12-01-2022

Economies.com
2022-01-12 05:20AM UTC

The GBPUSD pair shows additional positive trades to approach our waited target at 1.3660, and continues to move inside the bullish channel that supports the chances of surpassing this level and open the way to achieve more gains in the upcoming sessions, as the next target reaches 1.3775.

 

Therefore, the bullish trend will remain expected on the intraday and short term basis, noting that it is important to hold above 1.3565 to continue the suggested rise.

 

The expected trading range for today is between 1.3565 support and 1.3740 resistance.

 

The expected trend for today: Bullish

The EURUSD touches the first target – Analysis - 12-01-2022

Economies.com
2022-01-12 05:20AM UTC

The EURUSD pair reached 1.1375 level now and fluctuates there, waiting to breach this level to confirm extending the bullish wave to and head towards 1.1500 followed by 1.1560 as next positive targets.

 

Therefore, we will continue to suggest the bullish trend for the upcoming period supported by the EMA50, noting that failing to achieve the required breach might push the price to test 1.1290 areas before any new attempt to decline.

 

The expected trading range for today is between 1.1300 support and 1.1450 resistance.

 

The expected trend for today: Bullish

Evening update for Crude oil 11-01-2022

Economies.com
2022-01-11 18:15PM UTC

Crude oil price breached 79.80 level strongly and rallied to settle above 81.00 barrier now, which supports the continuation of our bullish overview efficiently on the intraday and short term basis, waiting to achieve our next main target at 81.75, and we suggest surpassing this level to head towards 84.00 areas on the near term basis, noting that holding above 79.80 is important to achieve the suggested targets.

Evening update analysis for Gold 11-01-2022

Economies.com
2022-01-11 18:14PM UTC

Gold price rallies upwards clearly to approach our waited target at 1825.15, waiting for more expected rise in the upcoming sessions, noting that breaching this level will extend the bullish wave to reach 1860.00 as a next station, while holding above 1797.00 represents key condition to continue the suggested bullish trend.

Frequently asked questions

What is the price of GBP/USD today?

The price of GBP/USD is $1.3498 (2025-07-13 06:05AM UTC)