Midday update for the GBPUSD 09-03-2021

Economies.com
2021-03-09 10:45AM UTC

The GBPUSD pair rallied upwards to breach 1.3870 level and settles above it, which leads the price to achieve more expected gains for the rest of the day, targeting 1.3980 level before determining the next destination clearly.

 

Therefore, the bullish bias will be suggested in the upcoming sessions unless breaking 1.3870 and trading below it again.

 

The expected trading range for today is between 1.3800 support and 1.3960 resistance.

 

The expected trend for today: Bullish for the rest of the day

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