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

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Indices

	Symbol	Last	Change	Chg.%
	EUR/USD	1.2059	0.0006	0.0494%
Midday update for the EURUSD 06-05-2021
	GBP/USD	1.3891	-0.0003	0.0216%

	Tadawul	10228.35	-26.53	0.26%

	Silver	27.337	0.819	3.087%

	Oil	64.770	0.860	1.346%
Midday update for Crude oil 06-05-2021
	Brent Oil	68.22	-0.73	1.06%

	Gold	1814.700	25.115	1.403%
Midday update for Gold 06-05-2021

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