The GBPUSD returns to achieve the positive targets - Analysis - 19-02-2021

2021-02-19 05:01:56 GMT (Economies.com)
 

The GBPUSD pair kept rising strongly yesterday to touch the first positive target at 1.3975 and settles near it, to confirm regaining the main bullish trend, on its way to achieve more gains that we expect to reach 1.4200 on the near-term basis.

 

Therefore, the bullish bias will be suggested for today, noting that breaking 1.3935 will stop the expected rise and press on the price to test 1.3820 areas initially.

 

The expected trading range for today is between 1.3900 support and 1.4050 resistance.

 

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.2057
0.0004
0.0299%
1.3887
-0.0007
0.0515%
Tadawul
10228.35
-26.53
0.26%
27.306
0.787
2.968%
64.731
0.821
1.285%
68.13
-0.83
1.20%
1813.945
24.360
1.361%
 
 
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