The GBPUSD awaits the breach - Analysis - 27-01-2023
4 months ago

The GBPUSD pair continues to fluctuate near 1.2440 level, getting positive support by the EMA50, while stochastic begins to overlap positively now.


Therefore, these factors support the chances of breaching the above mentioned level and open the way to rally towards our next positive station at 1.2595, reminding you that holding above 1.2320 is important to continue the expected rise.


The expected trading range for today is between 1.2320 support and 1.2485 resistance.


The expected trend for today: Bullish

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