The GBPUSD rises calmly - Analysis - 21-06-2022

Economies.com
2022-06-21 04:08AM UTC

The GBPUSD pair trades positively to move away from 1.2205 level, reinforcing the expectations of continuing the bullish trend, and the price needs to surpass 1.2275 to ease the mission of heading towards our main waited target at 1.2490.

 

Therefore, the bullish trend scenario will remain valid and active conditioned by the price stability above 1.2205.

 

The expected trading range for today is between 1.2200 support and 1.2360 resistance.

 

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The expected trend for today: Bullish

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