– GBPUSD reversed from support level 1.2535
– Likely to rise to resistance level 1.2700
GBPUSD currency pair recently reversed up from the key support level 1.2535, which has been steadily reversing the price from the start of December.
The support level 1.2535, was strengthened by the lower daily Bollinger Band and by the 50% Fibonacci correction of the upward impulse from October.
Given the strength of the support level 1.2535, GBPUSD currency pair can be expected to rise to the next
resistance level 1.2700 (which stopped the previous correction (2)).
The dollar experienced a sell-off but rallied back up by the end of the week.…
The new week will be packed with economic data and decisions from key central banks.…
Despite economic factors working against the dollar, its oversold condition helped it this week or…
USDCAD: ⬇️ Sell - USDCAD reversed from key resistance level 1.4500 - Likely to fall…
Solana: ⬆️ Buy - Solana reversed from the long-term support level 113.75 - Likely to…
Adobe: ⬇️ Sell - Adobe broke round support level 400.00 - Likely to fall to…
This website uses cookies