The GBPUSD surpasses the first target - Analysis - 10-02-2021

2021-02-10 04:45:35 GMT (Economies.com)
 

The GBPUSD pair succeeded to achieve our waited target at 1.3815 and breached it to confirm extending the bullish wave on the short term and medium term basis, as our next target is located at 1.3965, organized inside the bullish channel that appears on the chart, which gets continuous support by the EMA50.

 

Therefore, we will continue to suggest the bullish trend for the upcoming period conditioned by the price stability above 1.3720.

 

The expected trading range for today is between 1.3750 support and 1.3920 resistance.

 

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.2056
0.0003
0.0212%
1.3886
-0.0008
0.0569%
Tadawul
10228.35
-26.53
0.26%
27.326
0.807
3.043%
64.771
0.861
1.347%
68.13
-0.83
1.20%
1814.135
24.550
1.372%
 
 
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