Daily Pivots: (S1) 1.2892; (P) 1.2945; (R1) 1.3026;
GBP/USD is staying in consolidation above 1.2762 and intraday bias remains neutral first. Further fall is still in favor with 1.3035 minor resistance intact. On the downside, below 1.2762 will target 38.2% retracement of 1.1409 to 1.3482 at 1.2690.
The GBP/USD was seen to stay around the 1.2975 levels. The pair may keep the upside momentum as the MACD is flashing bullish signals, but it is prudent to wait for a break above 1.3030 (a joint of 100-bar and 200-bar EMAs) to further challenge the 1.3060). Overall, most are watching the progress of
GBP/USD fades upside momentum below the 1.3000 threshold.
A one-week-old falling trend line, confluence of 100 and 200-bar EMAs question buyers.
Sellers will wait to cheer the downside break of an ascending trend line from September 11.
GBP/USD stays sluggish around 1.2975 during Friday’s Asian ses
Technical indicators of the currency pair:Prev Open: 1.28883Open: 1.29654% chg. over the last day: 0.61Day's range: 1.28440 – 1.2863552 wk range: 1.1409 – 1.3516During yesterday's trading session, GBP/USD quotes increased. EU officials said that the chances of a trade deal
U.S. Dollar Gains Ground After Powell’s CommentsGBP/USD failed to settle above the 20 EMA at 1.2990 and declined closer to the nearest support level at 1.2925 as the U.S. dollar gained ground against a broad basket of currencies after yesterday’s U.S. Fed Interest Rate Decision.The U.S. Dollar
Daily Pivots: (S1) 1.2827; (P) 1.2877; (R1) 1.2938;
Intraday bias in GBP/USD stays neutral first. Further decline remains in favor with 1.3035 minor resistance intact. Decisive break of 38.2% retracement of 1.1409 to 1.3482 at 1.2690 will argue that the rise from 1.1409 might be completed, and bring
GBP/USD menghentikan kenaikan tiga hari berturut-turut meskipun memantul dari 1,2901.Dolar AS naik secara keseluruhan karena Fed memberi sinyal jeda segera untuk penurunan suku bunga lebih lanjut.Pemerintah Inggris setuju untuk memberikan suara parlemen pada setiap pelanggaran WAB, kompromi pada per