GBP/USD reaches below 1.3800

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


The GBP/USD currency exchange rate passed the support of the 1.3800 level on Thursday. However, at the 1.3765 level the rate stopped its decline without reaching the support of the weekly S1 simple pivot point. Moreover, the 1.3765 has not been acting as support during September.

On Friday, the currency exchange rate had recovered and failed at an attempt to pass the resistance cluster at 1.3815/1.3825. The resistance cluster consisted of the 55, 100 and 200-hour simple moving average and the weekly simple pivot.

If the currency pair passes the resistance cluster at 1.3815/1.3825, the rate could surge to the September 15 and 16 high level at 1.3850. A passing of the 1.3850 would most likely result in a test of the resistance of the weekly R1 simple pivot point at 1.3910.

Meanwhile, a decline could once again find support at 1.3765. Below the 1.3765 level, the weekly S1 simple pivot point and the 1.3750 level might stop a GBP drop against the USD.
Back to articles

Actual Topics

Fri, 17 Sep 2021 12:07:16 GMT

USD/JPY recovery reaches 110.00 mark

On Friday, the USD/JPY currency exchange rate continues the recovery that was started on September 15. During the surge, the pair only shortly paused at resistance levels like the hourly simple moving averages. By the middle of Friday's London trading hours, the rate had reached the 110.00 level and the weekly simple pivot point at 110.07. A passing of the resistance

Fri, 17 Sep 2021 11:27:24 GMT

EUR/USD finds support in weekly pivot point

The decline of the EUR/USD currency exchange rate eventually reached the 1.1750 level, where it found support in the round exchange rate level and the weekly S2 simple pivot point. By zooming in the chart, it can be clearly observed that the rate bounced off exactly from the pivot point. On Friday, the currency pair recovered and passed the resistance

Subscribe to "Fundamental Analysis" feed

Subscribe
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
For further information regarding potential cooperation,
please call us or make callback request.
Aby dowiedzieć się więcej o Opcjach Binarnych w Banku Dukascopy / platformach handlowych Forex, SWFX, oraz innych,
zadzwoń do nas lub pozostaw prośbę o oddzwonienie.
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.