The GBPUSD attempts positively - Analysis - 04-08-2021
Economies.com
2021-08-04 03:53AM UTC
The GBPUSD pair returns to provide positive trades after leaning on 1.3890 level, to keep the bullish trend scenario valid and active on the intraday basis, waiting for more rise to test 1.4000 initially, which breaching it represents the key to extend the bullish wave towards 1.4240.
On the other hand, we should note that breaking 1.3890 will turn the intraday track to decline, to head towards visiting 1.3720 areas on the near term basis.
The expected trading range for today is between 1.3860 support and 1.4020 resistance.
The expected trend for today: Bullish
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