• GBPUSD broke key resistance level 1.3300
• Likely to rise to 1.3480
GBPUSD recently broke sharply through the key resistance level 1.3300 (which stopped the previous sharp upward impulse wave (i) at the start of this month).
The breakout of the resistance level 1.3300 accelerated the active minor impulse wave C of the medium-term ABC correction (2) from September.
GBPUSD is likely to rise further toward the next powerful resistance level 1.3480 (multi-month resistance level from the end of 2019 and the target price for the completion of the active corrective wave 2.).
USDJPY was slipping below 153 on Friday morning, a three-week low and having lost over…
Market picture Crypto market capitalisation rose 3.3% in 24 hours to $2.22 trillion. Local capitalisation…
- EURJPY under strong bearish pressure - Likely to fall to support level 163.10 EURJPY…
- WTI broke round support level 80.00 - Likely to fall to support level 76.00…
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…
This website uses cookies