• GBPUSD reversed from resistance level 1.2430
• Likely to fall to support level 1.2260
GBPUSD currency pair earlier reversed down from the key resistance level 1.2430 (which stopped the previous intermediate impulse wave (A) at the start of December).
The downward reversal from the resistance level 1.2430 stopped the earlier short-term impulse wave 3 of the impulse wave (C) from January.
Given the overbought daily Stochastic, GBPUSD can be expected to fall further toward the next support level 1.2260 (low of the previous correction 2).
The crypto market has continued to cool down for the third day, with a 1.7%…
- GBPUSD reversed from strong support level 1.2665 - Likely to rise to resistance level…
- USDCAD broke resistance level 1.3950 - Likely to rise to resistance level 1.4050 USDCAD…
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…
This website uses cookies