The GBPUSD resumes the rise - Analysis - 23-05-2022

2022-05-23 04:04:15 GMT (Economies.com)
 

The GBPUSD pair trades with clear positivity to approach our waited target at 1.2590, getting continuous positive support by the EMA50, which reinforces the chances of surpassing the mentioned level and open the way to rally towards achieving more gains that reach 1.2725.

 

Therefore, the bullish trend will remain valid and suggested for the upcoming period unless breaking 1.2420 and holding below it.

 

The expected trading range for today is between 1.2480 support and 1.2640 resistance.

 

Open Live Trading Account

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.0169
-0.0050
0.4903%
1.2105
0.0000
0.0029%
20.090
-0.160
0.793%
86.615
-0.646
0.740%
92.34
-2.76
2.90%
1774.915
-6.770
0.380%
 
 
Live Forex Updates