The GBPUSD resumes the rise - Analysis - 23-06-2021

Economies.com
2021-06-23 04:12AM UTC

The GBPUSD pair traded with clear positivity yesterday after consolidating above 1.3890, to touch the first positive target at 1.3960 and settles near it, which supports the chances of achieving more expected gains in the upcoming sessions, noting that breaching the last level will extend the bullish wave to reach 1.4027 as a next target.

 

Therefore, the bullish trend will be suggested on the intraday basis unless breaking 1.3890 and holding below it.

 

The expected trading range for today is between 1.3860 support and 1.4020 resistance.

 

The expected trend for today: Bullish

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