Gbpus Technical
The gbpus has been in a steady increase in growing at 1.20987 Air 13 Januarylowed according to so closely with support of support from September and October 2024 (See red circle on the daily card). Since then, the pair has continued to step higher, carving a sequence of higher and higher lords.
In FebruaryFind Prices Activity Support at a swing place between 1.22986 and 1.2335reinforces the bully intention. That movement inserted Marchwith the couple moving back above the 200-day moving averageCurrently at 1.28028and into the main swing form that extends up to 1.28612. Especially, dips over the past two days stopped just ahead of that upper swing fieldindicating strong basic support.
The pair is now trading at newly new instil, arriving 1.2989just shy of the A high master of 1.30139who also marks the the highest rate for the year. A breakfast above that stage is probably snatching more bullying.
Showing into the card a hour, a task has seen a bouncement day early in GBPUSD after the Traar Triky Newswhich encouraged a wave of purchase. The first movement proved a higher 100-hour moving average close to 1.2922 (Blue line on the chart), where sellers were first in the first. However, the depression was restricted, and once the price would be broken above the 100-hour maMumuum Muminum took him through Track of 200-hour Apart from.
However, there was a short breach, however, as the price and on. The sign was exciting for merchants when the Find a backdrawal back again at the mocking 100-hourreinforcing the importance of it. The successful repetition of the green light to re-start a higher moving, raiding the paint towards the 1.3000 Psychological Stage.
The pair is now trading close to a key fight 1.30139The high for March and the the highest rate for the year. Sustainable breaches will not strengthen the bullos bullish nuts and open the door to cross.
On the Flip side, failure to break up above 1.30139 Bulish motion would be short-time short-term. However, he would fall back Under moistic 200-hour 200 hours at 1.2949 and especially the 1 hour ago at 1.2922 to move the bias is more positive for sellers.