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

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Indices

	Symbol	Last	Change	Chg.%
	EUR/USD	1.2062	0.0009	0.0738%
End of day analysis for the EURUSD 06-05-2021
	GBP/USD	1.3894	0.0000	0.0032%

	Tadawul	10228.35	-26.53	0.26%

	Silver	27.325	0.805	3.037%

	Oil	64.783	0.873	1.366%
End of day analysis for Crude oil 06-05-2021
	Brent Oil	68.12	-0.83	1.20%

	Gold	1814.705	25.120	1.404%
End of day analysis for Gold 06-05-2021

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