– GBPUSD broke key resistance level 1.2850
– Likely to rise to resistance level 1.3190
Sterling under the strong bullish pressure after the price broke the key resistance level 1.2850, which stopped the previous impulse wave (a) in the middle of June.
The breakout of the resistance level 1.2850 continues the active sharp upward impulse wave C of the weekly ABC correction (2) from last year.
Given the prevailing daily uptrend and strong USD sales across the FX markets, Sterling can be expected to rise further toward the next resistance level 1.3190 (target for the completion of wave C, intersecting with the daily up channel from March).
AUDJPY: ⬆️ Buy - AUDJPY broke long-term resistance level 102.30 - Likely to rise to…
Aptos: ⬇️ Sell - Aptos testing major support at 1.688 - Likely to fall to…
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…
This website uses cookies