The GBPUSD resumes the rise - Analysis - 07-01-2022

2022-01-07 04:53:17 GMT (Economies.com)
 

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

 
 
 
  Symbol Last Change Chg.%
1.1341
-0.0063
0.5533%
1.3608
-0.0050
0.3639%
Tadawul
12260.13
73.83
0.61%
24.122
1.111
4.826%
85.115
1.246
1.486%
88.44
0.93
1.06%
1839.500
19.040
1.046%
 
 
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