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The GBPUSD keeps rising - Analysis - 11-02-2021
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
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The EURUSD gathers the positive momentum – Analysis - 11-02-2021
The EURUSD pair continues to fluctuate around 1.2130 level, noticing that stochastic gets rid of its negative momentum to reach the thresholds of the oversold areas, waiting to motivate the price to resume the expected bullish trend for the upcoming period, which targets testing 1.2171 level initially, reminding you that breaching this level will extend the bullish wave to reach 1.2300.
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