• GBPUSD reversed from support level 1.3000
• Likely to rise to 1.3200
GBPUSD recently reversed up from the minor support level 1.3000 (low of the previous correction (a) from the start of August).
The upwards reversal from the support level 1.3000 stopped the previous short-term ABC correction 4 from the end of June.
Given the strong daily uptrend – GBPUSD is likely to rise further toward the next resistance level 1.3200 (top of the previous waves 3 and (b)).
The monthly ADP labour market report showed that America created 192K new jobs in April, above…
Bears showed strength ahead of the FOMC decision. U.S. indices sagged on Tuesday as investors…
Market Picture Bitcoin's closing price on Tuesday became the lowest since late February, confirming the…
- Ebay under the bearish pressure - Likely to fall to support level 51.00 Ebay…
- GBPAUD reversed from key support level 1.9135 - Likely to rise to resistance level…
Silver has lost 2.6% since the start of the day on Tuesday to $26.4 per…
This website uses cookies