Midday update for the GBPUSD 23-04-2019
Economies.com
2019-04-23 10:24AM UTC
The GBPUSD pair shows some of the bullish bias, to test the critical resistance at 1.3005, which represents the initial protection factor for the continuation of the expected bearish trend scenario in the upcoming period, and its targets begin at 1.2962 and extend to 1.2800 after surpassing the previous level, keeping the bearish trend valid for today unless breaching 1.3005 then 1.3060 levels and holding above it.
The expected trading range for today is between 1.2900 support and 1.3055 resistance.
The expected trend for today: Bearish
Forex and Currency News
Forex
Sterling surges to 16-year peak against yen
2024-04-26 08:11AM UTC
Sterling rose in European trade on Friday against a basket of major rivals, extending gains for the ...
Forex
Dollar tumbles to two-week lows ahead of US growth data
2024-04-25 11:18AM UTC
Dollar fell in European trade on Thursday against a basket of major rivals, resuming losses and ...
Forex
Euro scales 16-year peak against yen
2024-04-25 07:51AM UTC
Euro rallied in Asian trade on Thursday against the yen, extending gains for the fifth straight ...
Forex Technical Analysis
Forex
The GBPUSD forecast update 26-04-2024
2024-04-26 10:59AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price shows some slight bearish bias ...
Forex
The EURUSD price forecast update - 26-04-2024
2024-04-26 10:58AM UTC
EURUSD Price Analysis Expected Scenario The EURUSD price settles above 1.0715$ level, ...
Forex
The EURCAD under the negative pressure – Forecast today – 26-4-2024
2024-04-26 06:52AM UTC
EURCAD Price Analysis Expected Scenario The EURCAD price repeated the negative closings ...