Midday update for the GBPUSD 02-02-2023

Economies.com
2023-02-02 10:21AM UTC

The GBPUSD pair fluctuates with slight negativity to test the EMA50, affected by stochastic negativity, and as long as the price is above 1.2320, our bullish overview will remain valid for today, waiting to get positive motive that assists to push the price to achieve our targets that start at 1.2440 and extend to 1.2595 after breaching the previous level.

 

The expected trading range for today is between 1.2320 support and 1.2480 resistance.

 

The expected trend for today: Bullish

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