Midday update for the GBPUSD 23-06-2021
Economies.com
2021-06-23 09:34AM UTC
The GBPUSD pair rallied upwards strongly to breach 1.3960 and attempts to hold above it, reinforcing the expectations of continuing the bullish trend, which targets 1.4027 as a next main station, noting that surpassing the EMA50 will add more confirmation to the continuation of the expected rise, which will remain valid unless breaking 1.3890 and holding below it.
The expected trading range for today is between 1.3860 support and 1.4020 resistance.
The expected trend for today: Bullish
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