Midday update for the GBPUSD 25-05-2022

Economies.com
2022-05-25 09:07AM UTC

The GBPUSD pair settles near the bullish channel’s support line, waiting to resume the bullish wave and surpass 1.2590 level to confirm extending the bullish wave towards 1.2725, to keep the positive scenario valid and active for today conditioned by the price stability above 1.2420.

 

The expected trading range for today is between 1.2440 support and 1.2620 resistance.

 

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The expected trend for today: Bullish

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