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Midday update for GBPUSD 22-01-2018
The GBPUSD pair resumes its positive trading after the slight decline that it witnessed recently, reinforcing the expectations of continuing the overall bullish trend, which its targets begin by testing the psychological barrier at 1.4000 and extend to 1.4125 after breaching the previous level, taking into consideration that holding above 1.3825 represents key condition to continue the suggested bullish trend.
Expected trading range for today is between 1.3800 support and 1.3960 resistance.
Expected trend for today: Bullish
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Midday update for EURUSD 22-01-2018
The EURUSD pair rebounds bullishly after testing 1.2215 level this morning, to keep the bullish trend valid efficiently for the rest of the day, supported by stochastic positivity that appears clearly on the four hours’ time frame, reminding you that our first target is located at 1.2340.
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