GBP/USD Tests Support Area

BY admin admin

<p>Yesterday, the GBP/USD exchange rate tried to surpass the 1.2340 level. During Friday morning, the rate was testing the support formed by the 55-hour SMA, the weekly R1 and the monthly S1 in the 1.2290 area. If the given support holds, it is likely that a reversal north could occur in the nearest future. Note […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/299181-gbp-usd-tests-support-area/">GBP/USD Tests Support Area</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

Leave a Comment

Leave a Reply

Your email address will not be published.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

Related Posts

Forex

Korea’s Biggest IPO: Doosan Robotics' Beer-Serving Bots

<p>In South Korea's largest IPO of the year Doosan Robotics’s growth is driven by robots that serve beer, coffee, and more.</p> <p>In a world where robots are slowly becoming ou

Forex

USDCHF Bullish Sentiment Dominates

<p>Get the 7 Step Checklist Johnathon Fox Uses to Find Every High Probability Price Action Trade</p> <p>USDCHF Analysis – Buyers Are Holding Control  USDCHF bullish sentiment d

Forex

Fed's Collins: We are near or perhaps at a sufficiently restrictive level of rates

<p>Nick Timiraos is out with a new <a href="https://www.wsj.com/articles/consumer-price-index-report-july-inflation-a4a0a670?mod=hp_lead_pos1" target="_blank" rel="no

Copyright © 2024 | WordPress Theme: Xews Lite