Trading news

GBPUSD Breaks Down Below Support Level

The British pound sterling is trading slightly weaker, but declines are accelerating after prices broke down off the technical support.

The price level near 1.2344 has held up as support in previous tests. But the current breakdown off this level now puts the downside in focus.

We now expect the GBPUSD to post declines down to 1.2233 level. There could be a slight rebound off this level that might keep prices range-bound.

Orbex Review

Tuesday, 30 Jun, 2020 / 2:06

Note: Company News is a promotional service of the Directory and the content isn't created by Finance Magnates.

Source : https://www.orbex.com/blog/en/2020/06/gbpusd-breaks-down-below-support-level

Trading news

 

Oil Fixed Between $43-44

Author: Dmitriy Gurkovskiy, Chief Analyst at RoboForex Early in August, [...]

Posted on Monday, 03 Aug, 2020 / 12:12 under

GBP/USD Failed To Maintain It's July Month Sharp Gains - U.S. Dollar Fresh Strength! 

The GBP/USD currency pair stopped its previous Month winning streak and now [...]

Posted on Monday, 03 Aug, 2020 / 11:37 under

Gold Sideways Movement Continues - Risk-Off Market Sentiment In Play

During the Monday's Asian trading session, the safe-haven-metal prices failed [...]

Posted on Monday, 03 Aug, 2020 / 10:27 under