GBP/USD Price Analysis: Bears take over but bulls could be lurking with 1.1950 eyed – by fx_ross GBPUSD Technical Analysis
This leaves 1.1950 vulnerable for the day's ahead if bulls were to commit and emerge again from within any pullback over the coming sessions.In the hourly chart above, the price is moving in to mitigate the price imbalance below, grey area, and a 50% mean reversion might occur to meet prior high volumes of transactions as per the volume profile of the bullish rally.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
GBP/USD Price Analysis: Triangle explosion warrants more downside, 1.1800 eyedGBP/USD Price Analysis: Triangle explosion warrants more downside, 1.1800 eyed – by Sagar_Dua24 GBPUSD Technical Analysis ChartPatterns SupportResistance Momentum
Lire la suite »
GBP/USD Technical Analysis: Recovery Attempts May Be LimitedThe bears to push the price of the GBP/USD pair to collapse towards the 1.1875 level.
Lire la suite »
GBP/USD bulls moving in with eyes back to 1.1920/30sGBP/USD is pressured at around 1.1900, losing some 1% on the day following a move higher in the greenback that has sunk all ships. The US dollar gaine
Lire la suite »
USD/CNH Price Analysis: Bullish Flag breakout in progress, 6.90 eyedUSD/CNH Price Analysis: Bullish Flag breakout in progress, 6.90 eyed – by Sagar_Dua24 USDCNY Technical Analysis SupportResistance ChartPatterns Momentum
Lire la suite »
GBP/USD: Fiscal policy and Brexit matter more than politics – HSBCBoris Johnson has resigned as Tory leader but will remain UK Prime Minister until a new leader is chosen. The pound did not react much to Mr Johnson’s
Lire la suite »
USD/JPY has breached 137.50 and eyes 138.00, but bears are in townUSD/JPY is a mixed bag given the risk-off tones that support both the yen and the US dollar, how far it has climbed already, earnings season and criti
Lire la suite »