GBP/USD has broken through a support line of a Rising Wedge and suggests a possible movement to 1.2110 within the next 5 hours. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before taking action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 2 days.
GBP/USD has broken through a resistance line. It has touched this line numerous times in the last 5 days.
GBP/USD has broken through a resistance line. It has touched this line numerous times in the last 5…
March 27, 2023 10:03 am
We expect a $1310 movement on NZDUSD within 48 hours following the event release at 2023-03-27 08:00.
We expect NZDUSD to trend downwards later today. Based on these past Germany Ifo Business Climate news events…
March 27, 2023 8:01 am
NZD/USD – approaching a price line that has been previously tested numerous times in the past
NZD/USD is moving towards a support line. Because we have seen it retrace from this level in the…
March 27, 2023 2:03 am