GBP/JPY and EUR/USD Technical AnalysisForexCrunch
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In the case of theGBP/USDcurrency pair, we noticed a strong fluctuation in performance between the resistance level of 1.1440 and the support level of 1.1255, and it is settling around the level of 1.1320 at the time of writing the analysis, waiting for anything new. Quantitative tightening i...
GBP/USD technical analysis: In the near term and according to the performance of the hourly chart, it appears that the GBP/USD currency pair is trading within a descending channel formation. This indicates a significant short-term bearish bias in market sentiment.Therefore, the be...
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The GBP/USD trades at 1.2654, down 0.25%. GBP/USD Price Analysis: Technical outlook The GBP/USD retreated from weekly highs after briefly testing 1.2700 as buyers failed to decisively crack that level, followed by the April 9 high of 1.2709. Despite that, the uptrend remains inta...
A trend below 1.26610 points to bearish pressure, whereas surpassing this level could pivot to a bullish stance, highlighting a critical juncture for the GBP/USD’s future movements. For a look at all of today’s economic events, check out oureconomic calendar. ...
GBP/USD Technical Analysis: When to Buy or Sell GBP/USD So far, you have learnt that the GBP/USD exchange rate moves in pips and the major factors that influence the movement of the currency pair. Now that you also have access to one of the top trading accounts for Forex traders, as...
On the other hand, if GBP/USD struggles at 100-day SMA and drops below 1.2600, sellers could drive prices toward the February 5 peak turned support at 1.2549. British Pound PRICE Today The table below shows the percentage change of British Pound (GBP) against listed major currencies today. ...