GBP/USD breaks pattern

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


At mid-day on Tuesday, the GBP/USD currency exchange rate broke the resistance line of the channel up pattern, which captured the rate since the middle of last week. In addition, the resistance of the 50, 100 and 200-hour simple moving averages was passed. However, the pair found resistance in the weekly simple pivot point at 1.3568.

If the Pound continues to surge against the US Dollar, the pair would have to pass the weekly simple pivot point at 1.3568. Above the pivot point, resistance could be found in the 1.3600 mark, before the rate tests previous February high levels near 1.3620 and 1.3640.

Meanwhile, a decline of the GBP/JPY might look for support in the 1.3500 mark and the weekly S1 simple pivot point at 1.3492.
Back to articles

Actual Topics

Tue, 15 Feb 2022 12:26:25 GMT

USD/JPY tests January high level

At mid-day on Tuesday, the USD/JPY currency exchange rate was testing the resistance of the January high level zone at 115.68/115.71. The rate failed to pass this zone during the late trading hours of Monday. If the rate passes above the 115.68/115.71 zone, the pair would face no resistance as high as the February high level zone at 116.25/116.35 and the

Tue, 15 Feb 2022 12:14:59 GMT

EUR/USD recovers on Tuesday

At midnight to Tuesday, the EUR/USD currency exchange rate broke the channel down pattern, which guided the rate since the US CPI release on Thursday. By the middle of Tuesday's European trading hours, the currency exchange rate had reached above the 50-hour simple moving average at the 1.1340 mark. In the meantime, the pair was finding resistance in the

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.