The GBPUSD completes the positive formation - Analysis - 17-06-2022

2022-06-17 04:32:18 GMT (Economies.com)
 

The GBPUSD pair soared yesterday after completing the positive pattern that appears on the chart, to head towards achieving expected gains on the intraday basis, targeting visiting 1.2490 as a next positive station.

 

Therefore, the bullish bias will be expected for today, noting that breaking 1.2205 will stop the suggested rise and press on the price to turn to decline.

 

The expected trading range for today is between 1.2230 support and 1.2400 resistance.

 

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The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.0436
-0.0145
1.3742%
1.2103
-0.0169
1.3735%
19.836
-1.531
7.163%
107.908
0.491
0.457%
111.63
2.60
2.38%
1808.115
-21.430
1.171%
 
 
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