Midday update for the GBPUSD 26-10-2021

1 year ago

The GBPUSD pair resumes its positive trading to move away from the bullish channel’s support line, reinforcing the expectations of continuing the bullish trend for today, supported by the EMA50 that carries the price from below, depending on the price stability above 1.3720, reminding you that we need to breach 1.3795 to open the way to head towards 1.3910 as a next main station.


The expected trading range for today is between 1.3700 support and 1.3860 resistance.



The expected trend for today: Bullish

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