The GBPUSD tests the resistance again – Analysis - 15-04-2019

Economies.com
2019-04-15 04:26AM UTC

The GBPUSD pair returned to test the key resistance again, which rises now to 1.3135, as it keeps its stability below it until now, which keeps the negative pressure suggested for the upcoming sessions, waiting to target 1.2962 level as a next main station.

 

We should note that breaching 1.3135 will push the price to achieve more intraday gains to test 1.3226 before any new attempt to decline.

 

The expected trading range for today is between 1.3000 support and 1.3170 resistance.

 

The expected trend for today: Bearish

Forex and Currency News

Forex News

Forex

Dollar plumbs three-week low ahead of US payrolls report
2024-05-03 11:57AM UTC
Dollar fell in European trade on Friday against a basket of major rivals, extending losses for the ...
USD/JPY news

Forex

Yen hits three-week high as Japanese authorities intervene
2024-05-03 04:57AM UTC
Yen rose in Asian trade on Friday against major rivals, extending gains for the third straight ...
Forex News

Forex

Dollar rebounds ahead of US unemployment claims data
2024-05-02 11:10AM UTC
Dollar rose in European trade on Thursday against a basket of major rivals, resuming gains after a ...

Forex Technical Analysis

AUD USD Analysis

Forex

The AUDUSD price forecast update 03-05-2024
2024-05-03 13:54PM UTC
The AUDUSD price traded with strong positivity to succeed achieving our new waited target at ...
GBP USD Analysis

Forex

The GBPUSD forecast update 03-05-2024
2024-05-03 13:52PM UTC
The GBPUSD price traded with strong positivity to breach 1.2580$ level strongly but it returns to ...
EUR USD Analysis

Forex

The EURUSD price forecast update - 03-05-2024
2024-05-03 13:51PM UTC
The EURUSD price rallied upwards strongly to succeed touching our waited target at 1.0795$, ...