The GBPUSD breaches the resistance - Analysis - 28-07-2021

Economies.com
2021-07-28 04:15AM UTC

The GBPUSD pair breached the bearish channel’s resistance strongly and settled above it, which supports the continuation of our bullish overview efficiently for the upcoming sessions, as it approaches our next waited target at 1.3910, expecting to surpass this level and visit 1.4000 barrier as a next main station.

 

Therefore, the bullish trend will remain suggested for the upcoming period conditioned by the price stability above 1.3805.

 

The expected trading range for today is between 1.3820 support and 1.3970 resistance.

 

The expected trend for today: Bullish

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