GBPUSD is chiefly under the influence of Unemployment Rate and Average Earnings. The support rests at 1.23080 with resistance at 1.23720 which both lines are above the weekly pivot point at 1.21820. The EMA of 10 is moving with bullish bias along the ascendant channel and it is below the EMA of 200 and above the EMA of 100. The RSI is falling towards the 50 level, the Stochastic is showing downward momentum and the MACD indicator is in positive territory. The ADX is not showing any clear signals. The price is above the Ichimoku Cloud and below the Chinkou Span. The Tenkan-sen and the Kijun-sen are both showing a horizontal trend. The price is declining towards 1.2300 area.
Comments are closed.
Search
-
EURUSD analysis for 12.08.2022August 12th, 2022
-
GBPUSD analysis for 11.08.2022August 11th, 2022
-
BTCUSD analysis for 10.08.2022August 10th, 2022
-
USDCHF analysis for 09.08.2022August 9th, 2022
-
USDJPY analysis for 08.08.2022August 8th, 2022
-
GBPUSD analysis for 05.08.2022August 5th, 2022
-
USDJPY analysis for 04.08.2022August 4th, 2022
-
AUDUSD analysis for 03.08.2022August 3rd, 2022
-
EURUSD analysis for 02.08.2022August 2nd, 2022
-
USDCHF analysis for 01.08.2022August 1st, 2022