GBPUSD Price Update GBPUSD Analysis The GBPUSD price keeps its stability below 1.2580$ level until now. This keeps the correctional bearish trend valid for the upcoming period, targeting testing 1.2480$ as a next station. The EMA50 keeps supporting the suggested bearish wave. Waiting to activate the negative effect of the head and shoulders pattern that appears on the chart. Continuation...

GBPUSD Price Analysis The GBPUSD price settles around 1.2650$ level after the strong rise that it witnessed in the previous sessions. After confirming breaching 1.2580$, the bullish bias will be suggested in the upcoming sessions. Waiting to test 1.2700$ as a next station, noting that breaching this level will lead the price to achieve additional gains that reach 1.2800$. Therefore,...

GBPUSD Price Analysis Expected Scenario The GBPUSD price approached the 1.2700$ level and bounced bearishly to test the EMA50 that forms intraday support at 1.2625$. The price needs to consolidate above this level as a first condition for the continuation of the expected bullish trend on the intraday basis. Breaching 1.2700$ will extend the bullish wave to reach 1.2800$. RSI...

Analysis of GBPJPY Pair Movement The GBPJPY pair activated the correctional bearish attack recently due to the frequent stability below the additional barrier 192.40, to notice forming strong decline and settling near the first target at 190.15. We notice stochastic approach to 20 level to increase the negative pressures by providing the negative momentum, allowing us to keep the negative...