The GBPUSD keeps its positive stability - Analysis - 28-10-2021

2021-10-28 04:11:09 GMT (Economies.com)
 

The GBPUSD pair tested the key support 1.3720 and kept its stability above it, to start today with bullish bias in attempt to move away from this level, which keeps the bullish trend scenario valid on the intraday basis, waiting to test 1.3795 initially, which breaching it represents the key to rally towards 1.3910 as a next station.

 

Breaching 1.3750 will ease the mission of achieving the expected rise, while breaking 1.3720 will push the price to achieve new decline that targets testing 1.3665 before any new attempt to rise.

 

The expected trading range for today is between 1.3680 support and 1.3840 resistance.

 

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.1346
-0.0058
0.5127%
1.3554
-0.0103
0.7569%
Tadawul
12238.77
-35.50
0.29%
24.347
1.336
5.803%
84.900
1.031
1.229%
87.69
-0.69
0.78%
1834.610
14.150
0.777%
 
 
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