The GBPUSD within tight track – Analysis - 14-06-2019
Economies.com
2019-06-14 04:44AM UTC
The GBPUSD pair fluctuates within tight track since yesterday and settles below the EMA50, but as long as the price is above 1.2636, our bullish overview will remain active, and the price needs to breach 1.2700 level to ease the mission of heading towards 1.2795 that represents our first main target.
We should note that breaking 1.2636 will put the price under negative pressure that its targets begin at 1.2560.
The expected trading range for today is between 1.2600 support and 1.2770 resistance.
The expected trend for today: Bullish
Forex and Currency News
Forex
Dollar regains footing ahead of important Fed remarks
2024-05-07 11:34AM UTC
Dollar rose in European trade on Tuesday against a basket of major rivals, holding ground above ...
Forex
Aussie is worst performing major currency after RBA's decision
2024-05-07 08:01AM UTC
The Australian dollar fell in European trade on Tuesday against a basket of major rivals, moving ...
Forex
Yen extends losses as intervention momentum from Japanese authorities fades
2024-05-07 04:03AM UTC
Yen lost ground in Asian trade against a basket of major rivals, heading for the second loss in a ...
Forex Technical Analysis
Forex
The EURJPY achieves some targets – Forecast today – 7-5-2024
2024-05-07 05:33AM UTC
Expected Scenarios and Trading Range Scenario 1: Bullish Attack EURJPY pair utilizes ...
Forex
The GBPJPY begins to rise – Forecast today – 7-5-2024
2024-05-07 05:33AM UTC
Expected Scenarios and Trading Range Scenario 1: Correctional Decline Ended GBPJPY pair ...
Forex
The USDCHF price attempts to recover – Forecast today - 07-05-2024
2024-05-07 03:51AM UTC
USDCHF Price Analysis The USDCHF price shows positive trades, indicating a potential resumption ...