Midday update for the GBPUSD 07-05-2021
Economies.com
2021-05-07 08:48AM UTC
The GBPUSD pair resumes its positive trading to move away from the EMA50, to support the expectations of continuing the bullish trend in the upcoming sessions, reminding you that our next target is located at 1.3975, which breaching it represents the key to rally towards 1.4075 areas, while holding above 1.3820 represents key condition to continue the suggested rise.
The expected trading range for today is between 1.3810 support and 1.3975 resistance.
The expected trend for today: Bullish
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