GBPUSD
The prices are currently trading within a sideways range between the resistance zone at 1.2775 and the support zone at 1.2530. It is expected that prices will experience relative calmness in their fluctuations, confined within a narrow range. If prices break above the level of 1.2650, we may test the resistance zone at 1.2775.
|
Support |
1.2575 | 1.2540 | 1.2520 | ||
| Resistance | 1.2640 | 1.2670 |
1.2740 |
||
USDJPY
Prices declined from the key resistance zone at 152, as anticipated. With this, it is likely that prices will test the area around 150.50. It is expected that the USD/JPY pair will trade sideways in the short term between the previously mentioned support and resistance zones.
|
Support |
151.30 | 151 | 150.50 | |||
| Resistance | 152 | – | – | |||
GOLD
Gold is trading within a sideways range in the short term, between the resistance zone around $2205 and the support zone around $2140. It is expected that the support zone will be tested in upcoming sessions. However, if prices break above the previously mentioned resistance zone, it could signal a resumption of the medium-term upward trend for gold.
|
Support |
2180 | 2160 | 2140 | |||
| Resistance | 2205 | 2222 |
– |
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