GBP/USD: Bearish pressure to ramp up if 1.3440 support fails.

GBP/USD has extended its slide as investors continue to seek refuge.Additional losses could be witnessed if the pair falls below 1.3340, FXStreet’s Eren Sengezer reports.Pound to suffer losses if 1.3440 support fails

““On the downside, 1.3440 (static level) aligns as key support and the pair could push lower toward 1.3400 (psychological level) and 1.3370 (the starting point of the latest uptrend) if that support fails.”“Resistances are located at 1.3500 (psychological level), 1.3530 (Fibonacci 38.2% retracement) and 1.3560 (100-period SMA, 200-period SMA).”

EUR/USD is recovering towards 1.1250, as markets take a pause and digest the latest developments after the Russian military attacked Ukraine. The risk-off market profile will continue to persist, with the Western response eagerly awaited alongside the G7 meeting. 

EUR/USD News. GBP/USD battles 1.3500 as Russia-Ukraine war kicks off.GBP/USD is trading around 1.3500, having fallen like a house of cards after Russia’s assault on Ukraine. The official announcement of Russia’s invasion of Ukraine by NATO pushed the US dollar higher. Investors are dumping risk-perceived assets on heightening the war-like situation in Eastern Ukraine.

GBP/USD News …EUR/USD recovers to 1.1250 amid Russia-Ukraine tensions

EUR/USD is recovering towards 1.1250, as markets take a pause and digest the latest developments after the Russian military attacked Ukraine. The risk-off market profile will continue to persist, with the Western response eagerly awaited alongside the G7 meeting. 

EUR/USD News .GBP/USD battles 1.3500 as Russia-Ukraine war kicks off.GBP/USD is trading around 1.3500, having fallen like a house of cards after Russia’s assault on Ukraine. The official announcement of Russia’s invasion of Ukraine by NATO pushed the US dollar higher. Investors are dumping risk-perceived assets on heightening the war-like situation in Eastern Ukraine.

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