The GBPUSD fluctuates at the support - Analysis - 26-10-2021

Economies.com
2021-10-26 04:16AM UTC

The GBPUSD pair continues to fluctuate at the bullish channel’s support line, getting continuous support by the EMA50, while stochastic shows positive signals now.

 

Therefore, these factors encourage us to continue suggesting the bullish trend for the upcoming period, which its targets begin by breaching 1.3795 to confirm rallying towards 1.3910, reminding you that holding above 1.3720 is important to achieve the suggested targets.

 

The expected trading range for today is between 1.3700 support and 1.3860 resistance.

 

The expected trend for today: Bullish

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