GBPUSD recently broke though the resistance area located between the round resistance level 1.3000 and the resistance trendline of the daily down channel from September.
The breakout of this resistance area accelerated the active short-term upward ABC correction 2 from the start of January.
GBPUSD is expected to rise further and re-test the next key resistance at 1.3200 (which reversed the price twice in the middle of September).
The US dollar has strengthened, reaching the upper boundary of its trading range. The British…
Cryptocurrencies continued to surge, pushing the total cap to $3 trillion. Bitcoin has gained nearly…
- 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…
- WTI crude oil reversed from the multi-year support level 66.70 - Likely to rise…
Japanese inflation is rising, with corporate goods prices inflation accelerating to 3.4% y/y in October,…
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