The GBPUSD pair shows negative trades to approach testing the bullish channel’s support line that rises now to 1.3745, accompanied by witnessing clear oversold signals through stochastic, waiting to motivate the price to resume the main bullish trend, which targets 1.3965 as a next main station.

Until now, the bullish trend scenario still valid and active unless breaking 1.3745 and holding below it.

The expected trading range for today is between 1.3720 support and 1.3900 resistance.

The expected trend for today: Bullish

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Indices

	Symbol	Last	Change	Chg.%
	EUR/USD	1.2062	0.0009	0.0734%
End of day analysis for the EURUSD 06-05-2021
	GBP/USD	1.3895	0.0001	0.0036%

	Tadawul	10228.35	-26.53	0.26%

	Silver	27.319	0.799	3.015%

	Oil	64.788	0.878	1.374%
End of day analysis for Crude oil 06-05-2021
	Brent Oil	68.12	-0.83	1.20%

	Gold	1814.910	25.325	1.415%
End of day analysis for Gold 06-05-2021

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