The GBPUSD gets a positive signal - Analysis - 05-05-2021

2021-05-05 00:55:24 GMT (Economies.com)
 

The GBPUSD pair bounced bullishly after approaching 1.3820 level yesterday, to fluctuate around the EMA50, noticing that stochastic provides positive signals now, to motivate the price to provide more bullish bias in the upcoming sessions, reminding you that our next target is located at 1.3975.

 

Therefore, we will keep our bullish overview unless breaking 1.3820 and holding below it.

 

The expected trading range for today is between 1.3820 support and 1.3980 resistance.

 

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.2158
-0.0015
0.1249%
1.4156
0.0020
0.1394%
Tadawul
10322.68
86.96
0.85%
27.583
-0.222
0.797%
65.271
-0.121
0.185%
68.54
0.21
0.31%
1835.495
-8.730
0.473%
 
 
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