Midday update for the GBPUSD 05-08-2022

Economies.com
2022-08-05 09:30AM UTC

The GBPUSD pair hovers around the EMA50, and as long as the price is above 1.2077, our bullish overview will remain valid for the upcoming period, waiting to get positive motive that assist to push the price to head towards our next main target at 1.2360.

 

The expected trading range for today is between 1.2040 support and 1.2240 resistance.

 

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The expected trend for today: Bullish

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