Midday update for the GBPUSD 04-05-2021

2021-05-04 08:34:15 GMT (Economies.com)
 

The GBPUSD pair shows negative trades now affected by stochastic negativity, waiting to lean on the key support 1.3820 and return to resume the rise again.

 

Until now, the bullish trend scenario still valid and active for the upcoming period conditioned by the price stability above the mentioned support, reminding you that our first main target is located at 1.3975.

 

The expected trading range for today is between 1.3820 support and 1.4000 resistance.

 

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.2088
-0.0085
0.7020%
1.4032
-0.0104
0.7329%
Tadawul
10322.68
86.96
0.85%
26.832
-0.972
3.496%
64.150
-1.242
1.899%
67.82
-1.50
2.16%
1816.750
-27.475
1.490%
 
 
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