GBP/USD reaches above 1.2300 level

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


On Monday morning, the GBP/USD currency pair managed to reach above the resistance of the 1.2300 level. The surge occurred, as the rate found support in the combination of the 50 and 100-hour simple moving averages and the weekly simple pivot point near 1.2250.

If the pair continues to surge, the rate is set to face resistance in the weekly R1 simple pivot point at 1.2337 and the 1.2350 level. Higher above, note the resistance of the 1.2400 mark.

However, a potential decline of the Pound against the US Dollar would look for support in the 50, 100 and 200-hour simple moving averages and the weekly simple pivot point near 1.2250. Further below, note the last week's low level zone at 1.2160/1.2174 and the weekly S1 simple pivot point.
Back to articles

Actual Topics

Mon, 27 Jun 2022 11:57:07 GMT

USD/JPY trades around 135.00

The USD/JPY currency pair has been trading near the 135.00 mark since mid-Thursday. By the middle of Monday's trading hours, the exchange rate was testing the combined resistance of the weekly simple pivot point at 135.38 and the 100-hour simple moving average. A move above the technical resistance levels and the 135.50 level might encounter resistance in the 136.00 mark, before

Mon, 27 Jun 2022 11:05:08 GMT

EUR/USD faces resistance at 1.0600

The EUR/USD currency pair remains below the 1.0600 mark. Note that there is a resistance zone at 1.0600/1.0607. Meanwhile, technical support is located at 1.0535/1.0542. At that zone, the 50 and 100-hour simple moving averages, the weekly simple pivot point and a support trend line are located at. A move above 1.0600/1.0607 could encounter resistance in the weekly R1 simple

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.