GBP/USD remains below high levels

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


The GBP/USD has bounced off the 1.2650/1.2670 range. Note that this range marks a 2022 high level zone for the pair.

By mid-Tuesday the pair had declined to the 1.2600 mark and the 100-hour simple moving average. A move below this level could look for support in the weekly simple pivot point at 1.2571 and the 200-hour simple moving average near 1.2550.

On the other hand, another attempt to surge by the GBP against the US Dollar is set to face the 1.2650/1.2670 range, before approaching 1.2700 mark and the weekly R1 simple pivot point.
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Tue, 09 May 2023 11:12:34 GMT

USD/JPY waits at 135.00

The USD/JPY has been fluctuating around the 135.00 mark since late Friday. The rate has revealed resistance zones at 135.10/135.35 and support at 134.60/134.70. Meanwhile, the rate has been ignoring the 50, 100 and 200-hour simple moving averages. In general, the sideways trading is explained with the markets waiting for Wednesday's US Consumer Price Index data. A move below 134.60 would

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