The GBPUSD achieves strong gains - Analysis - 15-02-2021

2021-02-15 04:48:40 GMT (Economies.com)
 

The GBPUSD pair provided strong positive trades after leaning on the bullish channel’s support line in the previous sessions, to surpass 1.3900 barrier and support the expectations of continuing the bullish trend on the intraday and short term basis, which its next target located at 1.3965, noting that breaching this level will push the price to achieve more gains and visit 1.4070 followed by 1.4145 areas as next main stations.

 

Therefore, the bullish trend will remain valid and active for the upcoming period unless breaking 1.3785 and holding below it.

 

The expected trading range for today is between 1.3830 support and 1.4000 resistance.

 

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.2057
0.0004
0.0328%
1.3889
-0.0005
0.0371%
Tadawul
10228.35
-26.53
0.26%
27.307
0.788
2.971%
64.739
0.829
1.297%
68.23
-0.75
1.09%
1814.100
24.515
1.370%
 
 
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