Midday update for the GBPUSD 10-08-2022

Economies.com
2022-08-10 09:25AM UTC

The GBPUSD pair resumes its positive trading to start testing the EMA50 again, motivated by stochastic current positivity, waiting for more rise to visit 1.2210 that represents our next main target, 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 1.2020 support and 1.2170 resistance.

 

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The expected trend for today: Bullish

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