GBP/USD remains above support zone

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


The 1.1940/1.1960 zone has continued to hold and the GBP/USD remains near the 1.2000 level. Meanwhile, the 50 and 200-hour simple moving averages have revealed that they are not impacting the currency exchange rate.

If the Pound recovers against the US Dollar, it would have to break the resistance of the 1.2050 level and the 100-hour simple moving average. Higher above, note that the 1.2100 and 1.2150 levels have acted as resistance.

On the other hand, a decline of the GBP/USD might once again look for the support in the 1.1940/1.1960 zone. Further below, note the 1.1900 mark, the weekly S1 simple pivot point at 1.1869 and the 1.1850 level.
Back to articles

Actual Topics

Wed, 30 Nov 2022 14:30:11 GMT

USD/JPY surges to 139.50

At mid-day on Wednesday, the USD/JPY currency exchange rate reached above the 139.00 mark and sharply reached 139.50. In the meantime, it was spotted that the 50 and 100-hour simple moving averages are managing to act as support and resistance. A surge above 139.50 is set to encounter resistance in the 200-hour simple moving average and the weekly simple pivot point

Wed, 30 Nov 2022 14:16:01 GMT

EUR/USD pierces support levels

The EUR/USD currency exchange rate has declined below the combination of the weekly simple pivot point and the 200-hour simple moving average. However, support was eventually found in the 1.0320 level. By mid-Wednesday, the pair had almost recovered to the 1.0400 mark. A potential surge of the Euro against the US Dollar might surge above 1.0400 and aim at 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.