GBP/USD Forecast: Ignoring Key 1.3600 Level As DXY Rallies
The GBP/USD pair drops as expected after escaping from the channel’s body. It could register a larger drop if it makes a valid breakdown below the 61.8% retracement level. The …
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Gold Forecast: XAU/USD New Leg Higher, 1,828 Seen As Target
The price of Gold rallies as the DXY is trading in the red. XAU/USD could be attracted by the median line (ml) as long as it stays above the lower …
Read More GBP/USD Forecast: 1.3600 Level Holds, Upside Continuation
The GBP/USD pair is bullish as long as it stays above the 61.8% retracement level. Stabilizing above the median line (ML) could announce potential upside continuation. Only a new lower …
Read More GBP/USD Forecast: 1.35 Level Failed To Stop The Sell-Off
The GBP/USD pair could drop towards the 61.8% retracement level after dropping below the channel’s support. The lower median line (LML) of the ascending pitchfork stands as a major downside …
Read More GBP/USD Forecast: Downside Continuation, 1.34 Fails To Hold
The GBP/USD pair maintains a bearish bias as long as it stays under the channel’s downside line. A valid breakdown below the 61.8% retracement level could signal potential drop towards …
Read More Gold Forecast: Plunge After NFP, 1,784.90 A Downside Obstacle
The price of Gold plunged after better than expected Non-Farm Payrolls data. A major downside movement could be activated by a valid breakdown below the uptrend line. XAU/USD could try …
Read More Gold Forecast: XAU/USD Poised To Challenge 1,834.19 Resistance
The price of Gold is strongly bullish after passing above the inside sliding line (sl). XAU/USD could extend its growth if it takes out the near-term resistance levels. False breakouts …
Read More GBP/USD Forecast: Upside Invalidated, 1.35 Breakdown In Cards
The GBP/USD pair moves sideways in the short term, a valid breakout from this formation could bring great opportunities. A new lower low, a downside breakout could announce a deeper …
Read More USD/JPY Forecast: Challenges 115.00 Psychological Level
The USD/JPY pair could drop deeper if it stabilizes below the broken uptrend line. The rate could come back to test and retest the broken support before resuming its sell-off. …
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GBP/USD Price Forecast – US job data may trigger price action
Bank of England left its monetary policy unchanged, keeping the interest rate at a historic low level of 0.1%. GBP/USD stronger as Bank of England (BoE) set the inflation forecast …
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