The GBPUSD keeps rising - Analysis - 11-02-2021

2021-02-11 04:58:04 GMT (Economies.com)
 

The GBPUSD pair shows more bullish bias to approach 1.3900 barrier, reinforcing the expectations of continuing the main bullish trend, which targets 1.3965 level as a next station.

 

The EMA50 keeps supporting the suggested bullish wave, besides that stochastic gets rid of its negative momentum gradually, taking into consideration that the continuation of the expected rise requires holding above 1.3735.

 

The expected trading range for today is between 1.3770 support and 1.3965 resistance.

 

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.2057
0.0004
0.0369%
1.3891
-0.0003
0.0227%
Tadawul
10228.35
-26.53
0.26%
27.323
0.804
3.034%
64.714
0.804
1.258%
68.16
-0.79
1.15%
1813.915
24.330
1.359%
 
 
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