• GBPUSD reversed from resistance level 1.400
• Likely to fall to support level 1.3900
GBPUSD recently reversed down from the key resistance level 1.4000 (which has been steadily reversing the pair for the last few trading weekly) – standing outside of the upper daily Bollinger Band.
The downward reversal from the resistance level 1.2475 stopped the previous intermediate impulse wave (3).
Given the overbought daily Stochastic – GBPUSD is likely to fall further toward the next support level 1.3900 (former resistance from the start of April).
Dow Jones: ⬇️ Sell - Dow Jones reversed from resistance level 49000.00 - Likely to fall…
Comcast: ⬆️ Buy - Comcast broke resistance area - Likely to rise to resistance level 31.00…
Platinum: ⬆️ Buy - Platinum broke resistance level 1800.00 - Likely to rise to resistance…
Silver: ⬆️ Buy - Silver broke resistance zone - Likely to rise to resistance level…
The Fed is in no hurry to cut rates, and Hassett is unlikely to accelerate…
Crypto market faces renewed downward pressure; Bitcoin may drop further, with diverging forecasts for 2026…
This website uses cookies
