The GBPUSD leans on the channel’s support - Analysis - 11-01-2022

2022-01-11 04:48:27 GMT (Economies.com)
 

The GBPUSD pair leaned on the bullish channel’s support line and bounced bullishly to resume the main bullish trend, and the way is open to achieve our waited target at 1.3660.

 

Therefore, we will continue to suggest the bullish trend that gets continuous support by the EMA50, noting that the continuation of the bullish wave requires holding above 1.3555.

 

The expected trading range for today is between 1.3520 support and 1.3690 resistance.

 

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.1345
-0.0059
0.5147%
1.3612
-0.0046
0.3339%
Tadawul
12260.13
73.83
0.61%
24.138
1.126
4.891%
86.168
2.299
2.741%
87.70
0.18
0.21%
1840.250
19.790
1.087%
 
 
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