Midday update for the GBPUSD 19-02-2021

Economies.com
2021-02-19 10:44AM UTC

The GBPUSD pair resumes its positive trading to attack 1.4000 barrier, reinforcing the expectations of continuing the bullish trend, which its next targets extend to reach 1.4200, noting that the EMA50 supports the suggested bullish wave, which will remain valid conditioned by the price stability above 1.3935.

 

The expected trading range for today is between 1.3900 support and 1.4050 resistance.

 

The expected trend for today: Bullish

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