Midday update for the GBPUSD 21-01-2021

Economies.com
2021-01-21 10:58AM UTC

The GBPUSD pair rallies upwards strongly to surpass 1.3700 and opens the way to head towards our next waited target at 1.3815, to keep the bullish trend scenario valid and active for the rest of the day, supported by the EMA50 and stochastic, reminding you that the continuation of the bullish wave requires holding above 1.3615.

 

The expected trading range for today is between 1.3600 support and 1.3780 resistance.

 

The expected trend for today: Bullish

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