The GBPUSD pair bounced bullishly after testing the bullish channel’s support line, to head towards resuming the bullish wave within the mentioned channel, which supports the chances of surpassing 1.3565 to open the way to head towards 1.3660 as a next main station.

Therefore, the bullish bias will be suggested in the upcoming sessions unless breaking 1.3485 and holding below it.

The expected trading range for today is between 1.3485 support and 1.3640 resistance.

The expected trend for today: Bullish

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Indices

	Symbol	Last	Change	Chg.%
	EUR/USD	1.1341	-0.0063	0.5533%
Midday update for the EURUSD 19-01-2022
	GBP/USD	1.3608	-0.0050	0.3639%

	Tadawul	12260.13	73.83	0.61%

	Silver	24.122	1.111	4.826%

	Oil	85.115	1.246	1.486%
Midday update for Crude oil 19-01-2022
	Brent Oil	88.44	0.93	1.06%

	Gold	1839.500	19.040	1.046%
Update: Gold price breaches the resistance

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Euro under pressure after another jump in US bonds

2022-01-18 09:40:54 GMT

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