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Midday update for the GBPUSD 17-06-2022

2022-06-17 09:20:15 GMT (Economies.com)
Midday update for the GBPUSD 17-06-2022
 

The GBPUSD pair faces intraday negative pressure to test the EMA50, which forms good support against the price, and as long as the price is above 1.2205, our bullish overview will remain valid for today, waiting to get positive momentum that assist to push the price to head towards 1.2490 as a next main target.

 

The expected trading range for today is between 1.2230 support and 1.2400 resistance.

 

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The expected trend for today: Bullish

 
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