Midday update for the GBPUSD 05-01-2022

Economies.com
2022-01-05 10:37AM UTC

The GBPUSD pair resumes its positive trades to approach 1.3565 level, waiting for more rise to breach this level and confirm extending the bullish wave towards 1.3660, to keep our bullish overview that gets continuous support by the EMA50 conditioned by the price stability above 1.3485.

 

The expected trading range for today is between 1.3450 support and 1.3620 resistance.

 

The expected trend for today: Bullish

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