ہم صرف ایک بروکر نہیں ہیں۔ ہم ایک جامع ٹریڈنگ ایکوسسٹم ہیں—ہر چیز جو آپ کو تجزیے، ٹریڈ اور ترقی کے لیے درکار ہو، ایک ہی جگہ پر ہے۔ کیا آپ اپنی ٹریڈنگ کو بلند کرنے کے لیے تیار ہیں؟
Forex: GBP/USD testing the 1.5400 barrier amidst session lows
FXstreet.com (Barcelona) - The GBP/USD is facing all sorts of weakness, with a fresh plunge coming on the heels of yesterday’s downside. Indeed, the cross is not only operating at session lows, but is testing the 1.5400 barrier in these moments (1.5406/07). At this point, the pair is firmly entrenched in negative territory, facing a -0.25% decline thus far during European trading Friday.
In the United Kingdom, the Goods Trade Balance (March) was reported at £-9.056B, against expectations of £-9.0B. Moreover, the Total Trade Balance (March) yielded a figure of £-3.13B, exceeding estimates of £-3.10B. Finally, the Trade Balance; non-EU gave £-3.47B in March, against projections of £-4.100B.
According to the Mataf.net analyst team, the GBP/USD will encounter its next short-term supports at 1.5385, followed by 1.5323, and 1.5222. Conversely, the pair is slated to face resistance at 1.5548, then 1.5649, and ultimately 1.5711.
“The GBP/USD dropped sharply yesterday after failing again to breach 50% correction at 1.5590 shown on graph. Prolonged stability below 1.5530 is negative and might extend the downside move.” warns the ICN.com Technical Analyst Team.