Midday update for the GBPUSD 19-10-2021

1 year ago

The GBPUSD pair managed to reach the waited target at 1.3795 and we expect to surpass this level to open the way to achieve more gains in the upcoming sessions, as breaching this level represents the key to rally towards 1.3910 as a next positive station, noting that the EMA50 continues to support the expected bullish wave, which will remain valid conditioned by the price stability above 1.3720.


The expected trading range for today is between 1.3690 support and 1.3850 resistance.


The expected trend for today: Bullish

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