GBP/USD Price Analysis: Bears await a sustained break below the double-top neckline support

BY admin admin

The GBP/USD pair failed to capitalize on its intraday positive move and has now retreated over 50 pips from daily highs near the 1.2375-80 region. Des

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts

Forex

The Weekly Bottom Line: Fed Sets the Stage for Rates to Liftoff Soon

<p>U.S. Highlights The Fed left the policy rate unchanged at this week’s FOMC meeting but signaled that a rate hike was imminent come March. Uncertainty on the pace of hikes post March remains e

Forex

Germany Factory Orders s.a. (MoM) came in at 10.4% below forecasts (15%) in May

Germany Factory Orders s.a. (MoM) came in at 10.4% below forecasts (15%) in May

Forex

XAUUSD: Elliott wave analysis and forecast for 29.01.21 – 05.02.21

Main scenario: consider long positions from corrections above the level of 1803.28 with a target of 1960.41 – 2073.73. Alternative scenario: breakout and consolidation below the level of 1803.28 will

Copyright © 2024 | WordPress Theme: Xews Lite