GBPUSD analysis for 25.10.2023

FXGlory | 2023-10-26 18:45

Abstract：The GBPUSD chart indicates positive upward momentum as it shows a recent rebound from the lower Bollinger Band and is now moving towards the upper band. These observations suggest a possible bullish trend in the price movement.

The GBPUSD chart indicates positive upward momentum as it shows a recent rebound from the lower Bollinger Band and is now moving towards the upper band. These observations suggest a possible bullish trend in the price movement.

Moreover, the MACD demonstrates a bullish crossover, with the MACD line surpassing the signal line, reinforcing the upward momentum. The histogram turning positive further supports this bullish sentiment. Traders should monitor for potential resistance at the upper Bollinger Band.

• There is a resistance level at 1.22878; followed by resistance at 1.24243 and 1.27392.

• There is a support level at 1.20380 Below, there are 1.20952 and 1.21603.

Broker

Related broker

No Regulation

FXGlory

Company name：Glory Group Limited

Score

2.31

Website：https://fxglory.com

5-10 years | Suspicious Regulatory License | MT4 Full License | MT5 Full License

Score

2.31

Lirunex Joins Financial Commission, Boosts Trader Protection

Lirunex joins the Financial Commission, offering traders €20,000 protection per claim. A multi-asset broker regulated by CySEC, LFSA, and MED.

Original 2025-02-07 17:49

Capital.com Review 2025: Trading Account & Withdrawal to Explore

Despite its relative youth, the Cyprus-registered online broker Capital.com has garnered respectable attention from a large number of retail and professional investors since its 2016 launch. Capital.com is a frontrunner among low-cost trading products; it allows individual and institutional investors to trade contracts for difference (CFDs) on three thousand markets, including Forex, Stocks, Commodities, Indices, Cryptocurrencies, and more. Impressively, Capital.com is on board with ESG investments as well. You can begin trading CFDs on the Capital.com platform with as little as $20. You can trade CFDs on this platform without paying any commissions; the only fees involved are the spreads. This broker offers a wide range of platforms, including mobile apps, a desktop trading app, an API from Capital.com, Tradingview, and MetaTrader 4. Among Capital.com's many distinguishing features is the wealth of educational content and high-quality research it offers its users. The platform's Marke

Science Popularization 2025-02-07 16:35

Italy’s Securities Regulator Consob Orders Shutdown of 6 Illegal Financial Service Websitese

Italy’s financial regulator, Consob, has ordered the shutdown of six unauthorized financial service websites to combat illegal financial activities and protect investors. This action is based on regulatory powers granted under the 2019 “Crescita Decree.” Since 2019, Consob has blocked 1,211 fraudulent websites. Investors can use WikiFX to verify compliance and avoid investment scams.

Original 2025-02-07 16:18