Watch the clues on trading EUR/USD, GBP/USD and AUD/USD for today!
Tag - gbp
Do you want to get clues on the upcoming economic events?
This week we anticipate inflation data and retail sales for Britain and the US and employment data for Australia. What are the forecasts and how they may affect the currency pairs? Read this week's news wrap!
The main intraday target is the next support at 1.2830 - 1.2796. A pullback from this area could lead to an upward correction towards...
Bullish Ichimoku Cloud, but falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen with extremely falling lines.
What about market moves?
On the daily chart of EUR/GBP, there is a test of the bottom line of the long-term consolidation of 0.87-0.902 within the "Spike and ledge" pattern.
Today we anticipate the FOMC statement. To know how it will affect the key currency pairs and find out more data read our news digest!
It's likely that the pair is going to reach the closest resistance at 1.3181 within the next few hours...
Bullish Ichimoku Cloud, but the lines Senkou Span A and B are horizontal; a golden cross of Tenkan-sen and Kijun-sen with horizontal lines.
The expected outcome of the election brought weakness to the US dollar. What is the other news for today? Read our digest!
On the daily chart of GBP/USD, the pair may test the diagonal resistance (the upper boundary of the downward channel).