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The GBPUSD price tests the support base - Forecast today - 29-04-2024

Economies.com
2024-04-29 03:31 UTC

GBPUSD Price Analysis

  • The GBPUSD price tested 1.2480$ level and bounced bullishly from there, to resume the expected bullish wave on the intraday basis, which targets testing 1.2580$ as a first station.
  • The EMA50 supports the expected rise, and breaching the targeted level will extend the bullish wave to reach 1.2700$, while holding above 1.2480$ represents key condition to achieve the suggested targets.

The expected trading range for today is between 1.2460$ support and 1.2610$ resistance.

Trend forecast: Bullish

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The EURUSD price shows mixed trades – Forecast today - 29-04-2024

Economies.com
2024-04-29 03:31 UTC

The expected trading range for today is between 1.0660$ support and 1.0800$ resistance.

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End of day EURUSD price forecast update - 26-04-2024

Economies.com
2024-04-26 16:36 UTC

The EURUSD price is facing strong negative pressure to break 1.0715$ level and attempts to hold below it, which hints heading to return to the bearish track again, noting that closing the day below this level will push the price to achieve negative targets that start at 1.0615$ and extend to 1.0520$ after breaking the previous level.

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Brent oil price forecast update 26-04-2024

Economies.com
2024-04-26 11:01 UTC

Between 87.70$ support and 90.70$ resistance.

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