The GBPUSD gathers the positive momentum - Analysis - 27-06-2022
1 year ago

The GBPUSD pair continues to fluctuate around the EMA50, and didn’t show any strong move in the previous sessions, thus, no change to the bullish trend scenario that depends on the price stability above 1.2205, noting that stochastic gathers the positive momentum to support the expectations to rise, reminding you that our main targets begin at 1.2320 and extend to 1.2490.


The expected trading range for today is between 1.2200 support and 1.2370 resistance.



Open Live Trading Account

The expected trend for today: Bullish

Forex and Currency News

EUR/USD news


Euro trades near six-month low ahead of major European data
15 hours ago
Euro fell in European trade on Friday against a basket of major rivals, extending losses for the ...
GBP/USD news


Sterling sharpens decline to six-month lows after surprise decision by BOE
1 day ago
Sterling fell on Thursday after Bank of England announced a surprise pause in the cycle of rate ...
Forex News


Dollar extends gains to six-month high on Fed prospects
1 day ago
US Dollar rose in European trade on Thursday against a basket of major rivals for the third ...

Forex Technical Analysis

NZD USD Analysis


Midday update for the NZDUSD 22-09-2023
12 hours ago
The NZDUSD pair breached 0.5940 level clearly to activate the positive scenario in the upcoming ...
AUD USD Analysis


Midday update for the AUDUSD 22-09-2023
12 hours ago
The AUDUSD pair trades positively to surpass 0.6440 and attempts to hold above it, to hint heading ...
GBP USD Analysis


Midday update for the GBPUSD 22-09-2023
12 hours ago
The GBPUSD pair resumes its negative trading clearly to press on the bearish channel’s ...