GBPUSD recently broke the key support level 1.2900 (which stopped the previous short-term impulse wave 1 at the end of April).
The breakout of this support level continues the active short-term impulse wave 3 – which belongs to the medium-term impulse wave (3) from the start of April.
GBPUSD is expected to fall further and retest the next support level 1.2680 (target price for the completion of the impulse wave 3).
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The US dollar has strengthened, reaching the upper boundary of its trading range. The British…
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- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
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