The GBPUSD attempts positively - Analysis - 20-03-2023

Economies.com
2 months ago

The GBPUSD pair provided new positive trades to test 1.2200 barrier, waiting to get positive motive that assists to push the price to continue the price and achieve our positive targets that start at 1.2260 and extend to 1.2440 after surpassing the previous level.

 

The EMA50 continues to support the expected bullish wave, which depends on the price stability above 1.2060, as breaking it will put the price under negative pressure that targets testing 1.1940 before any new attempt to rise.

 

The expected trading range for today is between 1.2110 support and 1.2270 resistance.

 

The expected trend for today: Bullish

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