The GBPAUD hits the first target – Forecast today – 29-4-2024
Economies.com
2024-04-29 05:57AM UTC
GBPAUD Price Analysis
Expected Scenario
- The GBPAUD price started to form new negative waves to confirm its surrender to the previously suggested bearish track, suffering some losses by touching the first main target at 1.9050, while the MA55 forms additional barrier near 1.9245 in addition to stochastic reach to the oversold areas, allowing us to keep the bearish overview that might target additional negative stations soon that might extend towards 1.8925.
Expected Trading Range
Between 1.9125 and 1.8925
Trend Forecast: Bearish
Forex and Currency News
Forex
Yen extends losses as Banks of Japan holds off intervention
2024-05-17 04:36AM UTC
Yen fell in Asian trade on Friday against a basket of major rivals, extending losses for the second ...
Forex
Euro extends gains to two-month highs amid positive outlook
2024-05-16 08:33AM UTC
Euro rose in European trade on Thursday against a basket of major rivals, extending gains for the ...
Forex
Yen gains ground as US treasury yields dip
2024-05-16 04:20AM UTC
Yen rose in Asian trade on Thursday against a basket of major rivals, extending gains for the ...
Forex Technical Analysis
Forex
The GBPUSD forecast update 17-05-2024
2024-05-17 09:10AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price provides additional negative ...
Forex
The EURUSD price forecast update - 17-05-2024
2024-05-17 09:09AM UTC
EURUSD Price Analysis Expected Scenario The EURUSD price shows additional negative trades ...
Forex
The GBPCHF repeats the attempt to exit the negative track – Forecast today – 17-5-2024
2024-05-17 07:18AM UTC
GBPCHF Price Analysis Expected Scenario The GBPCHF price returned to form new bullish ...