Key Highlights GBP/USD gained pace and tested the 1.1650 zone. It broke a major bearish trend line with resistance near 1.1400 on the 4-hours chart. EUR/USD corrected gains from 1.0090 and might find bids near 0.9820. The US ISM Manufacturing Index could decline from 50.9 to 50.0 in Oct 2022. GBP/USD Technical Analysis The British […]
The post GBP/USD Consolidates Gains, Why The Bulls Remain In Control appeared first on Action Forex.
EUR/USD’s decline from 1.1213 continued last week and accelerated to as low as 1.0330. There is no sign of bottoming yet and initial bias stays on the downside this week. Sustained trading below 1.0404 key Read more…
USD//JPY stayed in consolidation below 156.74 last week. and initial bias stays neutral this week first. On the downside, break of 153.27 will bring deeper correction to 38.2% retracement of 139.57 to 156.74 at 150.18. Read more…
GBP/USD’s fall from 1.3433 continued last week and there is no sign of bottoming yet. Initial bias stays on the downside this week for 100% projection of 1.3433 to 1.2842 to 1.3047 at 1.2456. Decisive Read more…