GBPUSD forextrading - British Pound testing top of major channel
If we do break out to the upside, I believe that the target will be closer to the 1.38 handle, which of course is the next swing high that is at the upper part of the channel.
The shape of the candlestick for the day is a hammer, so that does suggest we are building pressure to the upside
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
British Pound Forecast: GBP/USD Rally Running Into ResistanceAccording to one Cabinet Minister, Michael Gove, the UK is preparing plans to live with covid but needs to balance this off against protecting the National Health Service. Get your market update from nickcawley1 here:
Les mer »
GBP/USD: Pound likely to drop before bouncing higher later in 2022 – MUFGUncertainties around Brexit remain but the influence on the exchange rate will diminish further according to analysts at MUFG Bank They forecast GBP/U
Les mer »
British Pound Forecast: GBP/USD Rally Running Into ResistanceAccording to one Cabinet Minister, Michael Gove, the UK is preparing plans to live with covid but needs to balance this off against protecting the National Health Service. Get your market update from nickcawley1 here:
Les mer »
GBP/USD: Pound likely to drop before bouncing higher later in 2022 – MUFGUncertainties around Brexit remain but the influence on the exchange rate will diminish further according to analysts at MUFG Bank They forecast GBP/U
Les mer »
GBP/USD Forecast: Downward correction could extend if buyers give up on 1.3600GBPUSD has gone into a consolidation phase following Friday's advance. 10-year US T-bond yield climbed to its highest level in two years. Key near-term resistance seems to have formed at 1.3600. Trading FX Forex
Les mer »
GBP/USD Faces First Real Test Ahead of US CPI DataThe possibility of the highest US inflation print in 40 years poses a threat to Sterling’s current bull run if the forecast figure of 7% is achieved
Les mer »