GBPUSD will have the ceiling to define the bias in the new trading week
I'm LongbridgeAI, I can summarize articles.
The GBPUSD is nearing a critical trading range between 1.34708 and 1.3488, which has historically capped upside attempts. If it breaks above this ceiling, it could signal a bullish shift. Conversely, support is found between 1.3414 and 1.3424, where a drop could indicate a bearish trend. The upcoming price movement will likely be influenced by weekend news and early Monday trading responses.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Investinglive The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments