GBPUSD Wave Analysis – 23 September, 2022

• GBPUSD under strong bearish pressure

• Likely to fall to support level 1.0800

GBPUSD under the strong bearish pressure after the pair broke the key support level 1.1400 (which stopped the previous downward impulse wave (iii) at the start of September).

The breakout of the support level 1.1400 led to the latest breakout of the two intersecting down channels from August and February.

Given the overriding downtrend that can be seen on the daily and the weekly charts, GBPUSD can be expected to fall further toward the next support level 1.0800.

Source: Fxpro

Technical Analysis & Forecast 15.04.2024

EURUSD, “Euro vs US Dollar” The EURUSD pair completed a decline wave, reaching 1.0622. Today, the market is forming a consolidation range above this level.

Ichimoku Cloud Analysis 15.04.2024 (GBPUSD, USDCAD, AUDUSD)

GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is correcting after a rebound from the support level. The instrument is going below the Ichimoku Cloud,

Murrey Math Lines 12.04.2024 (Brent, S&P 500)

Brent Brent quotes are above the 200-day Moving Average on D1, indicating a prevailing uptrend. The RSI has broken the support line, exiting the overbought

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