The GBPUSD price breached 1.2700$ level strongly to stop the correctional bearish scenario and head towards building bullish wave on the intraday and short-term basis, targeting 1.2800$ followed by 1.2890$ levels as next main stations, making the bullish bias expected in the upcoming sessions conditioned by the price stability above 1.2700$.

The EURUSD price rallies upwards strongly to breach 1.0760$ and confirm the activation of the positive scenario in the upcoming sessions, on its way to test 1.0840$ initially, noting that breaching this level will extend the bullish wave to target 1.0915$ areas as a next positive station, while the current rise will remain valid unless breaking 1.0760$ and hold below it again.

International Business Machines Corporation’s stock price (IBM) rose in the intraday levels and pierced the current resistance of $175.46, amid the dominance of the main upward trend, with positive support from the 50-day SMA, coupled with positive signals from the RSI after venting off overbought saturation.

Therefore we expect more gains for the stock, targeting the first resistance at $188.50, provided it settles above $175.46. 

Trend forecast: Bullish 

The Goodyear Tire & Rubber Company’s stock price (GT) inched up in the intraday levels, with positive signals from the RSI after reaching oversold levels, after reaching overbought levels, amid the dominance of the downward correctional trend in the medium term, with negative pressure from the 50-day SMA.

Therefore we expect the stock to return lower, and target the pivotal support of $9.86, provided it settles below $11.27. 

Trend forecast: Likely Bearish