Midday update for the GBPUSD 30-03-2020

Economies.com
2020-03-30 10:15AM UTC

The GBPUSD pair bounced bullishly after testing 1.2304 level this morning, and attempts to return to the intraday bullish channel that appears on the chart, thus, our bullish overview will remain valid for today, reminding you that we are waiting to test 1.2515 level initially, which breaching it represents the key to rally towards 1.2777 as a next main station, reminding you that it is important to hold above 1.2304 to continue the suggested rise.

 

The expected trading range for today is between 1.2250 support and 1.2460 resistance.

 

The expected trend for today: Bullish

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