The GBPUSD surpasses the extended target - Analysis - 20-10-2021

2021-10-20 04:17:07 GMT (Economies.com)
 

The GBPUSD pair succeeded to surpass 1.3795 and build support base above it, which supports the continuation of our bullish overview efficiently on the short term and medium term basis, paving the way to head towards 1.3910 that represents our next target.

 

The EMA50 continues to support the price from below to reinforce the expectations of achieving more rise in the upcoming sessions, noting that breaking 1.3795 will press on the price to decline towards 1.3720 areas before any new attempt to rise.

 

The expected trading range for today is between 1.3750 support and 1.3900 resistance.

 

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
0.9802
0.0147
1.5193%
1.1165
0.0345
3.1856%
19.049
0.190
1.008%
80.050
0.756
0.953%
87.96
-0.53
0.60%
1664.495
19.135
1.163%
 
 
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