Category: Forex News, News
The GBPJPY surpasses the resistance– Forecast today – 25-4-2025
Gold price rose in its recent intraday trading, taking advantage of the bullish trend domination on the short-term basis, where the price moves along minor positive line, reinforcing its gains by a clear support from its stability above EMA50.
The positive momentum was supported by the continuation of the positive signals emergence on the (RSI), which confirms the strength of the current pressures towards the upside.
Therefore, the positive scenario remains preferred as long as the price settled above $3,290 support, to target the main resistance at $3,400, if the price managed to surpass this resistance we might witness recording new highs.
The expected trading range is between $3,290 support and $3,400 resistance.
Today’s forecast: Bullish
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Written by : Editorial team of BIPNs
Main team of content of bipns.com. Any type of content should be approved by us.
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