The GBPUSD price continued to rise to reach 1.2700$ barrier, confirming the continuation of the bullish trend domination in the upcoming sessions, and the way is open to achieve our waited positive target at 1.2765$, which represents 50% Fibonacci correction level for the decline from 1.3434$ to 1.2100$.
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The EURUSD price ended yesterday above 1.0455$ level, to get additional confirmation to turn to rise, and by taking a deeper look at the chart, we find that the price is forming double bottom pattern that its confirmation line located at 1.0530$, which means that breaching it will push the price to achieve bullish correction on the intraday and short-term basis.
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Hedera Hashgraph’s currency price (HBARUSD) fell in the intraday levels while trying to gather positive momentum and shake off negative pressure from the 50-day SMA, as it also vented off overbought saturation in the RSI, with the price buoyed by a positive pattern that formed in the short term, the Falling Wedge pattern.
Therefore we expect the price to gain ground, provided it settles above $0.23178, targeting the pivotal resistance of $0.39200.
Trend forecast for today: Likely Bullish
Bonk’s currency price returned lower in the intraday levels, confirming the breach of the pivotal support of $0.00001506, amid the dominance of the main downward trend in the short term, with negative pressure from trading below the 50-day SMA, while the price managed to vent off oversold saturation in the RSI.
Therefore we expect more losses for the price, provided it settles below $0.00001506, targeting the support of $0.0000218.
Trend forecast for today: Bearish