– Sterling reversed from pivotal support level 1.2550
– Likely to rise to resistance level 1.2700
Sterling recently reversed up from the pivotal support level 1.2550, which has been reversing the pair from the start of December, as can be seen below.
The support level 1.2550 was strengthened by the lower daily Bollinger Band and by the 38.2% Fibonacci correction of the upward impulse from October.
Given the strength of the support level 1.2550, Sterling can be expected to rise further to the next resistance level 1.2700.
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…
DraftKings: ⬆️ Buy - DraftKings reversed from support zone - Likely to rise to resistance level…
This website uses cookies