Positive trading dominated the sterling’s moves against the dollar, touching our expected target at 1.3020, reaching a high during the Asian session at 1.3049.<\/p>\n\n\n\n
On the technical side, by looking at the 60-minute chart, we find the pair managed to build a base on the 1.3000 support floor accompanied by the positive signs of the RSI. This coincides with the 50-day moving average support for the upward curve.<\/p>\n\n\n\n
From here, with steady trading above 1.3000, the bullish bias is likely, targeting 1.3085 and then 1.3130.<\/p>\n\n\n\n
The return of the pair’s price below 1.3000 delays the bullish chances, but does not negate it, and we may witness temporary negative pressure targeting a re-test of 1.2960 \/ 1.2950 before attempting to rise again.<\/p>\n\n\n\n Positive trading dominated the sterling’s moves against the dollar, touching our expected target at 1.3020, reaching a high during the Asian session at 1.3049. On the technical side, by looking at the 60-minute chart, we find the pair managed to build a base on the 1.3000 support floor accompanied by the positive signs of the …<\/p>\n","protected":false},"author":9,"featured_media":35292,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[42,41],"tags":[7222,6870,6908,7227],"class_list":["post-35283","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-daily-tech-analysis","category-tech-analysis","tag-analysis","tag-gbp","tag-pound","tag-technical"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/35283","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=35283"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/35283\/revisions"}],"predecessor-version":[{"id":35293,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/35283\/revisions\/35293"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/35292"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=35283"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=35283"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=35283"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}S1:\u00a01.2960\u00a0<\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/td> R1: 1.3085\u00a0<\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/td><\/tr> S2:<\/strong>\u00a01.2875\u00a0\u00a0\u00a0\u00a0<\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/td> R2:<\/strong>\u00a01.3130\u00a0<\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/td><\/tr> S3:\u00a01.2830\u00a0\u00a0\u00a0<\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/td> R3: 1.2115 \u00a0\u00a0<\/strong><\/strong><\/strong><\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n","protected":false},"excerpt":{"rendered":"