The GBPUSD achieves more gains – Analysis - 26-08-2019
Economies.com
2019-08-26 05:12AM UTC
The GBPUSD pair surpassed 1.2207 level and touched 50% Fibonacci correction level at 1.2267, and the chances valid to continue rising to visit the next correctional level at 1.2326.
Therefore, we will continue to suggest the bullish bias in the upcoming sessions unless breaking 1.2207 level and holding below it, as breaking it will press on the price to resume the main bearish trend again, while breaching 1.2326 represents the key to rally towards 1.2400 direct.
The expected trading range for today is between 1.2200 support and 1.2360 resistance.
The expected trend for today: Bullish
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