The GBPUSD pair rallied upwards strongly to surpass our waited target at 1.2423 and opens the way to achieve more bullish correction, to head towards visiting 1.2590 areas as a next main station, taking into consideration that the continuation of the bullish wave requires holding above 1.2420.

The expected trading range for today is between 1.2400 support and 1.2520 resistance.

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The expected trend for today: Bullish

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Indices

	Symbol	Last	Change	Chg.%
	EUR/USD	1.0183	-0.0065	0.6352%
The EURUSD gets the positive momentum – Analysis - 08-08-2022
	GBP/USD	1.2075	-0.0175	1.4265%

	Silver	19.913	-0.383	1.889%

	Oil	89.433	-4.231	4.517%
Crude oil price resumes the decline – Analysis - 08-08-2022
	Brent Oil	94.92	0.80	0.85%

	Gold	1773.200	2.900	0.164%
Gold price leans on the channel’s support line – Analysis - 08-08-2022

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US unemployment falls to two-year low

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