The GBPUSD achieves strong gains - Analysis - 15-11-2023
Economies.com
2023-11-15 03:47AM UTC
The GBPUSD pair rallied upwards strongly to breach 1.2297 and reach 1.2460 level direct, noticing that the price breached this level and settled above it, to open the way to achieve more bullish correction in the upcoming sessions, waiting to visit 1.2590 as a next correctional target.
Therefore, the bullish trend will be expected on the intraday and short-term basis, taking into consideration that breaking 1.2460 – 1.2430 levels will stop the suggested rise and push the price to decline again.
The expected trading range for today is between 1.2410 support and 1.2575 resistance.
The expected trend for today: Bullish
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