– GBPUSD rising inside wave 2
– Likely to rise to resistance level 1.2850
GBPUSD currency pair recently reversed up from the key support level 1.2630 (which also stopped the earlier impulse ii at the end of June).
The support level 1.2630 was strengthened by the lower daily Bollinger Band and by the 38.2% Fibonacci correction of the previous sharp ABC correction (2) from April.
Given the bearish USD sentiment seen today, GBPUSD currency pair can be expected to rise to the resistance level 1.2850 (which stopped the previous correction (2)).
Welcome to Pro News Flash! 💵 The U.S. dollar slips 🏆 Major stock indices struggle…
Solana: ⬇️ Sell - Solana reversed from resistance zone - Likely to fall to support…
EURAUD : ⬇️ Sell - EURAUD broke the support level 1.7600 - Likely to fall…
In 2026, experts favour the yen, see modest euro growth, and expect pressure on the…
Crypto rebounds continue; Bitcoin faces resistance, with a mixed market outlook ahead, as regulatory changes…
Coca-Cola: ⬇️ Sell - Coca-Cola reversed from long-term resistance level 73.25 - Likely to fall to…
This website uses cookies