The GBPUSD gets a positive close – Analysis - 26-03-2020

2020-03-26 05:55:29 GMT (Economies.com)
 

The GBPUSD pair ended yesterday above 1.1830 level, reinforcing the expectations of continuing the bullish trend in the upcoming sessions, and the price needs to surpass the resistance barrier formed at 1.1960 to ease the mission of achieving the waited positive targets, which start at 1.2093 and extend further to 1.2305 after surpassing the previous level.

 

Therefore, we will continue to suggest the bullish trend unless we witnessed clear break and hold below 1.1830.

 

The expected trading range for today is between 1.1750 support and 1.2000 resistance.

 

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.0809
-0.0326
2.9264%
1.2267
-0.0188
1.5090%
Tadawul
6752.19
2.50
0.04%
14.417
-0.029
0.201%
28.815
6.987
32.012%
34.94
5.00
16.70%
1620.000
-0.150
0.009%
 
 
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