The GBPUSD pair rallied upwards strongly yesterday to breach 1.3680 and the bearish channel’s resistance line that appears on the chart, to head towards achieving more expected gains in the upcoming period, on its way to visit 1.3845 as a next main target.

Therefore, the bullish bias will be suggested for today unless breaking 1.3670 and holding below it.

The expected trading range for today is between 1.3670 support and 1.3845 resistance.

The expected trend for today: Bullish

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Indices

	Symbol	Last	Change	Chg.%
	EUR/USD	1.0186	-0.0062	0.6099%
The EURUSD gets the positive momentum – Analysis - 08-08-2022
	GBP/USD	1.2085	-0.0165	1.3445%

	Silver	20.145	-0.151	0.744%

	Oil	88.269	-5.395	5.760%
Crude oil price resumes the decline – Analysis - 08-08-2022
	Brent Oil	94.26	-0.60	0.63%

	Gold	1777.770	7.470	0.422%
Gold price leans on the channel’s support line – Analysis - 08-08-2022

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