The GBPUSD gets a positive signal - Analysis - 31-01-2023
4 months ago

The GBPUSD pair returns to fluctuate around the EMA50, noticing that stochastic begins to provide positive signals now, waiting to motivate the price to rise again and attempt to breach 1.2440 to open the way to head towards our next main target that reaches 1.2595.


Until now, the bullish trend scenario still valid for the upcoming period conditioned by the price stability above 1.2320.


The expected trading range for today is between 1.2270 support and 1.2430 resistance.


The expected trend for today: Bullish

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