financetom
Technology
financetom
/
Technology
/
The GBPUSD forecast update 23-05-2024
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
The GBPUSD forecast update 23-05-2024
May 23, 2024 3:43 AM

GBPUSD Price Analysis Expected Scenario The GBPUSD price shows calm bullish bias in attempt to move away from 1.2700$ level, to keep the bullish trend scenario valid for today. Affected by the previously completed double bottom pattern, supported by the EMA50, waiting to test 1.2800$ as a next main target, reminding you that the continuation of the bullish wave depends on the price stability above 1.2700$. Expected Trading Range Between 1.2660$ support and 1.2800$ resistance.

Trend Forecast: Bullish

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Crude oil prices are amid negative expectations- Analysis-23-09-2025
Crude oil prices are amid negative expectations- Analysis-23-09-2025
Sep 22, 2025
The (crude oil) price declined clearly in its last trading on the intraday levels, after offloading its clear oversold levels on the relative strength indicators, which put it under negative pressure. This decline comes with the continuation of its trading below EMA50, reinforcing the dominance of the main bearish trend on a short-term basis. VIP Trading Signals Performance by BestTradingSignal.com...
Platinum Analytics Cayman Limited Announces Closing of Its Initial Public Offering and Full Exercise of Over Allotment
Platinum Analytics Cayman Limited Announces Closing of Its Initial Public Offering and Full Exercise of Over Allotment
Sep 22, 2025
Singapore, Sept. 22, 2025 (GLOBE NEWSWIRE) -- Platinum Analytics Cayman Limited ( PLTS ) , a software developer specializing in the provision of FX trading software development solutions, data analytics solutions and technology development solutions to financial institutions with a strategic focus on serving Asia and other emergent markets, today announced the closing of its initial public offering (the “Offering”)...
Gold price continues to notch new record levels - Analysis-23-09-2025
Gold price continues to notch new record levels - Analysis-23-09-2025
Sep 22, 2025
The (Gold) price continued recording new levels in its last trading on the intraday levels, reaching the resistance at $3,755, which represents the suggested target in our previous analysis, amid the dominance of the main bullish trend on the short-term basis and its trading alongside supportive trendline for this track. The continuation of the positive pressure reinforces this scenario, which...
Bitcoin (BTCUSD) is witnessing mixed tarding-Analysis-23-09-2025
Bitcoin (BTCUSD) is witnessing mixed tarding-Analysis-23-09-2025
Sep 22, 2025
The (BTCUSD) declined in its last intraday trading, preparing to break the current support at $112,000. This support was our target in our previous analysis, providing positive momentum that assisted it to settle on an intraday basis, witnessing fluctuated moves, these moves helped it to offload its clear oversold conditions on the relative strength indicators. Opening the way for recording...
Copyright 2023-2026 - www.financetom.com All Rights Reserved