Midday update for the GBPUSD 18-02-2021

2021-02-18 10:40:50 GMT (Economies.com)
 

The GBPUSD pair rallies upwards to breach 1.3900 level and attempts to hold above it, which makes us stay aside until the price confirms its situation according to this level, as closing the daily candlestick above it will reactivate the main bullish trend that its first target located at 1.3975, while settling below 1.3900 will press on the price to decline again and head towards 1.3680 initially.

 

The expected trading range for today is between 1.3800 support and 1.3960 resistance.

 

The expected trend for today: Neutral

 
 
 
  Symbol Last Change Chg.%
1.2059
0.0006
0.0494%
1.3891
-0.0003
0.0216%
Tadawul
10228.35
-26.53
0.26%
27.337
0.819
3.087%
64.770
0.860
1.346%
68.22
-0.73
1.06%
1814.700
25.115
1.403%
 
 
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