Midday update for the GBPUSD 25-10-2021

Economies.com
1 year ago

The GBPUSD pair faced solid resistance at 1.3795, to show temporary negative trades and approaches testing the bullish channel’s support line, noticing that the EMA50 meets this support line to protect the continuation of the expected positive scenario for today, which depends on the price stability above 1.3720, while its next main target located at 1.3910.

 

The expected trading range for today is between 1.3700 support and 1.3880 resistance.

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The expected trend for today: Bullish

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