The GBPUSD gathers the positive momentum - Analysis - 22-06-2022

2022-06-22 04:20:09 GMT (Economies.com)
 

The GBPUSD pair shows bearish bias to approach retesting 1.2205 level again, accompanied by stochastic reach to the oversold areas, waiting to motivate the price to resume the bullish trend that its next main target located at 1.2490.

 

On the other hand, we should note that continuing the decline and breaking 1.2205 will stop the expected rise and put the price under negative pressure that its targets begin by visiting 1.2077 areas.

 

The expected trading range for today is between 1.2160 support and 1.2330 resistance.

 

Open Live Trading Account

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.0443
-0.0138
1.3080%
1.2111
-0.0161
1.3091%
19.892
-1.475
6.901%
107.997
0.580
0.540%
111.63
2.60
2.38%
1810.975
-18.570
1.015%
 
 
Live Forex Updates