Midday update for the GBPUSD 27-01-2023

Economies.com
2023-01-27 10:39AM UTC

The GBPUSD pair shows slight bearish bias now, while the EMA50 continues to support the price from below, and as long as the price is above 1.2320, our bullish overview will remain valid for today, waiting to breach 1.2440 to confirm rallying towards 1.2595 as a next main target.

 

The expected trading range for today is between 1.2320 support and 1.2485 resistance.

 

The expected trend for today: Bullish

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