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The GBPUSD awaits the breach - Analysis - 27-01-2023

Economies.com
2023-01-27 05:01AM UTC

The GBPUSD pair continues to fluctuate near 1.2440 level, getting positive support by the EMA50, while stochastic begins to overlap positively now.

 

Therefore, these factors support the chances of breaching the above mentioned level and open the way to rally towards our next positive station at 1.2595, reminding you that holding above 1.2320 is important to continue the expected rise.

 

The expected trading range for today is between 1.2320 support and 1.2485 resistance.

 

The expected trend for today: Bullish

The EURUSD gathers the positive momentum - 27-01-2023

Economies.com
2023-01-27 05:00AM UTC

The EURUSD pair provided slight negative trades yesterday to test the EMA50, noticing that stochastic gathers the positive momentum clearly, waiting to motivate the price to resume the main bullish trend, which targets 1.1030 as a next station.

 

Therefore, our bullish overview will remain valid for the upcoming period, noting that breaking 1.0845 might press on the price to test 1.0745 areas before any new attempt to rise.

 

The expected trading range for today is between 1.0800 support and 1.0970 resistance.

 

The expected trend for today: Bullish

Evening update for Crude oil price 26-01-2023

Economies.com
2023-01-26 16:55PM UTC

Crude oil price showed additional rise to touch 81.60 and found solid resistance there, noticing that stochastic loses its positive momentum to head towards potential decline in the upcoming sessions, and we prefer to monitor the upcoming trades until we get clearer signal for the next trend, noting that consolidating below the mentioned resistance will lead the price to resume the bearish trend and visit 78.95 as a first negative station.

Evening update for Gold 26-01-2023

Economies.com
2023-01-26 16:55PM UTC

Gold price shows more bearish bias to attack 1928.00 and moves below it, to fall under more expected negative pressure in the upcoming sessions, noting that holding below it will push the price to visit 1900.00 direct, while stepping above it is required to regain the main bullish trend again.

Frequently asked questions

What is the price of GBP/USD today?

The price of GBP/USD is $1.3498 (2025-07-11 22:05PM UTC)