The GBPUSD pair resumes its positive trading to surpass the EMA50 and support the expectations of continuing the bullish trend in the upcoming sessions, as it touches our first waited target at 1.2320, waiting to breach this level to head towards 1.2490 as a next positive target, reminding you that the continuation of the bullish trend conditions holding above 1.2205.

The expected trading range for today is between 1.2200 support and 1.2370 resistance.

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The expected trend for today: Bullish

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Indices

	Symbol	Last	Change	Chg.%
	EUR/USD	1.0184	-0.0065	0.6304%
The EURUSD gets the positive momentum – Analysis - 08-08-2022
	GBP/USD	1.2076	-0.0174	1.4233%

	Silver	19.910	-0.385	1.899%

	Oil	89.520	-4.144	4.424%
Crude oil price resumes the decline – Analysis - 08-08-2022
	Brent Oil	94.92	0.80	0.85%

	Gold	1773.045	2.745	0.155%
Gold price leans on the channel’s support line – Analysis - 08-08-2022

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