Midday update for the GBPUSD 08-08-2022

2022-08-08 10:20:35 GMT (Economies.com)
 

The GBPUSD pair shows positive trades in attempt to move away from 1.2045, and the price needs to surpass the EMA50 that forms good resistance at 1.2120 to reinforce the expectations of continuing the bullish trend, which its next target located at 1.2210, reminding you that the continuation of the bullish wave depends on the price stability above 1.2045.

 

The expected trading range for today is between 1.2000 support and 1.2170 resistance.

 

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
0.9806
0.0150
1.5572%
1.1098
0.0277
2.5633%
18.826
-0.032
0.172%
81.614
2.320
2.926%
88.57
-0.75
0.84%
1660.670
15.310
0.930%
 
 
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