The GBPUSD approaches the target - Analysis - 12-01-2022

2022-01-12 05:20:59 GMT (Economies.com)
 

The GBPUSD pair shows additional positive trades to approach our waited target at 1.3660, and continues to move inside the bullish channel that supports the chances of surpassing this level and open the way to achieve more gains in the upcoming sessions, as the next target reaches 1.3775.

 

Therefore, the bullish trend will remain expected on the intraday and short term basis, noting that it is important to hold above 1.3565 to continue the suggested rise.

 

The expected trading range for today is between 1.3565 support and 1.3740 resistance.

 

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.1341
-0.0063
0.5502%
1.3608
-0.0050
0.3650%
Tadawul
12260.13
73.83
0.61%
24.115
1.104
4.795%
85.139
1.270
1.514%
88.44
0.93
1.06%
1839.490
19.030
1.045%
 
 
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