Vyzkoušet demo Otevřít účet
Obchodování
CFD
Binární opce
Krypto
Bankovnictví
B2B
Zprávy z trhu
O nás
Vyzkoušet demo Otevřít účet

GBP/USD remains below 1.2500

Note: This section contains information in English only.
Source: Dukascopy Bank SA


The GBP/USD has revealed a support and a resistance zones. Support is found at 1.2390/1.2395. Resistance is provided by the 1.2470/1.2480 range. On Monday, the pair bounced off the resistance and resumed its decline.

The ongoing decline might look for support in the 1.2390/1.2395 level. Further below, note the weekly S1 simple pivot point at 1.2373 and the combination of the weekly S2 at 1.2304 and the 1.2300 mark.

However, a potential recovery of the GBP against the US Dollar would face the 1.2470/1.2480 range. Note that the pair has ignored the hourly simple moving averages and the weekly simple pivot point at 1.2459.
Back to articles

Actual Topics

22 May 2023

USD/JPY breaks ascending pattern

The sharp surge of the US Dollar against the Japanese Yen ended on Friday at mid-day. On that day the Chairman of the US Federal Reserve Jerome Powell spoke at an event with the ex-Chairman Bernanke. The comments made by the two caused a run to safety. From a technical perspective, the pair broke the channel up pattern and declined

22 May 2023

EUR/USD decline continues

The EUR/USD has reached a new low level by trading near 1.0760 during the end of the last week. However, a recovery of the Euro followed. On Monday the currency pair bounced off a resistance zone at 1.0825/1.0830. The zone was strengthened by the weekly simple pivot point at 1.0822 and the 100-hour simple moving average. Meanwhile, support appeared

17 May 2023

Gold drops below 2,000.00

The price for gold dropped below the 2,000.00 mark in the aftermath of the US Retail Sales release on Tuesday. The fundamental event strengthened the US Dollar. Moreover, information came into news flows that the US politicians had made progress in US government debt talks. By the middle of Wednesday's trading hours, the commodity had reached below the 1,990.00 level.