• GBPUSD reversed from key support level 1.3530
• Likely to reach resistance level 1.3765
GBPUSD recently reversed up from the key support level 1.3530 (which has been reversing the price form the start of January) – standing near the lower daily Bollinger Band and the 38.2% Fibonacci correction level of the upward impulse from December.
The upward reversal from the support level 1.3530 created the daily Japanese candlesticks reversal pattern Hammer.
GBPUSD is expected to rise further toward the next resistance level 1.3765 (top of the previous waves 1 and (b)).
The Hang Seng Index has fallen 20% from its peak, marking the start of a…
The S&P500 reached the 6000 mark but faced resistance due to fatigue and dollar appreciation.…
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…
This website uses cookies