• Barclays reversed from support zone
• Likely to rise to resistance level 1.976
Barclays recently reversed up from the support zone lying between the long-term support level 1.8915 (former multi-month high from April), lower daily Bollinger Band and the 50% Fibonacci correction of the upward impulse from the middle of September.
The upward reversal from this support zone stopped the earlier short-term ABC correction (ii).
Given the strong daily uptrend – Barclays can be expected to rise further toward the next resistance level 1.976 (top of the earlier minor correction (b)).
Welcome to Pro News Flash! 💵 The U.S. dollar slips 🏆 Major stock indices struggle…
Solana: ⬇️ Sell - Solana reversed from resistance zone - Likely to fall to support…
EURAUD : ⬇️ Sell - EURAUD broke the support level 1.7600 - Likely to fall…
In 2026, experts favour the yen, see modest euro growth, and expect pressure on the…
Crypto rebounds continue; Bitcoin faces resistance, with a mixed market outlook ahead, as regulatory changes…
Coca-Cola: ⬇️ Sell - Coca-Cola reversed from long-term resistance level 73.25 - Likely to fall to…
This website uses cookies