The GBPUSD attempts to breach - Analysis - 26-05-2022

2022-05-26 04:06:02 GMT (Economies.com)
 

The GBPUSD pair begins today with clear positivity to attempt to breach 1.2590 level, reinforcing the expectations of continuing the bullish trend, paving the way to head towards our next positive target that reaches 1.2725.

 

Therefore, we will keep our positive overview that gets continuous support by the EMA50, taking into consideration that failing to confirm the breach will press on the price to rebound bearishly and decline to visit 1.2420 areas before detecting the next destination clearly.

 

The expected trading range for today is between 1.2510 support and 1.2670 resistance.

 

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The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.0234
0.0036
0.3565%
1.2115
-0.0002
0.0182%
20.625
0.260
1.277%
89.498
1.020
1.153%
95.18
-1.32
1.37%
1793.045
11.370
0.638%
 
 
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