Midday update for the GBPUSD 09-03-2021
Economies.com
2021-03-09 10:45AM UTC
The GBPUSD pair rallied upwards to breach 1.3870 level and settles above it, which leads the price to achieve more expected gains for the rest of the day, targeting 1.3980 level before determining the next destination clearly.
Therefore, the bullish bias will be suggested in the upcoming sessions unless breaking 1.3870 and trading below it again.
The expected trading range for today is between 1.3800 support and 1.3960 resistance.
The expected trend for today: Bullish for the rest of the day
Forex and Currency News
Forex
Dollar under pressure ahead of Fed remarks
2024-05-20 11:53AM UTC
The dollar fell in European trade on Monday against a basket of major rivals, resuming losses and ...
Forex
Euro trades at two-month highs amid positive outlook
2024-05-20 06:38AM UTC
Euro rose in European trade on Monday against a basket of major rivals, resuming gains and ...
Forex
Yen extends losses as Banks of Japan holds off intervention
2024-05-17 04:36AM UTC
Yen fell in Asian trade on Friday against a basket of major rivals, extending losses for the second ...
Forex Technical Analysis
Forex
The EURUSD price forecast update - 21-05-2024
2024-05-21 10:08AM UTC
EURUSD Price Analysis Expected Scenario The EURUSD price shows sideways trades to test ...
Forex
The GBPCHF confirms the positivity – Forecast today – 21-5-2024
2024-05-21 05:11AM UTC
GBPCHF Price Analysis Expected Scenario The GBPCHF price confirmed moving to the bullish ...
Forex
The EURJPY touches the target – Forecast today – 21-5-2024
2024-05-21 05:06AM UTC
EURJPY Price Analysis - Forecast for 21-5-2024 Expected Scenario The EURJPY pair is still ...