Midday update for the GBPUSD 08-02-2021
Economies.com
2021-02-08 10:09AM UTC
The GBPUSD pair tests the bullish channel’s support line that appears on the chart, and as we mentioned in our morning report, the price needs to hold above 1.3685 to keep the bullish trend valid and active for today, supported by the EMA50, reminding you that our next main target is located at 1.3815.
The expected trading range for today is between 1.3670 support and 1.3830 resistance.
The expected trend for today: Bullish
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