The GBPUSD keeps its positive stability - Analysis - 01-06-2022
Economies.com
2022-06-01 04:26AM UTC
The GBPUSD pair attempted to break 1.2590 but it kept its stability above it, to keep the bullish trend scenario active for the upcoming period, supported by the EMA50 that continues to carry the price from below, waiting to head towards 1.2725 as a next target.
We should note that breaking 1.2590 and holding below it will stop the suggested positive scenario and press on the price to return to the main bearish track again.
The expected trading range for today is between 1.2530 support and 1.2700 resistance.
The expected trend for today: Bullish
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