Swing lows from November 2022 and 0.57397, and October 2023 and 0.5772 are being tested this week. Break below increases the bearish bias. Stay above and a rotation higher would be eyed
Discover the latest technical analysis on GBPUSD with key support and resistance levels to monitor for potential price action. Stay informed to make informed trading decisions.
USDCAD initially fell after BOC rate cut but bounced back on hawkish outlook and economic concerns, with potential for further rate cuts weighed against strong consumer spending and housing market dynamics. Technical analysis points to key resistance levels to watch for.