Midday update for the GBPUSD 17-02-2021

2021-02-17 10:42:13 GMT (Economies.com)
 

The GBPUSD pair settles at the intraday bullish channel’s support line, and stochastic continues to approach the oversold areas, while the EMA50 provides positive support to the price.

 

Therefore, we will keep our bullish overview conditioned by the price stability above 1.3860, reminding you that our next targets begin at 1.3965 followed by 1.4070.

 

The expected trading range for today is between 1.3800 support and 1.3990 resistance.

 

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.2062
0.0009
0.0738%
1.3894
0.0000
0.0032%
Tadawul
10228.35
-26.53
0.26%
27.325
0.805
3.037%
64.783
0.873
1.366%
68.12
-0.83
1.20%
1814.705
25.120
1.404%
 
 
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