The GBPUSD surpasses the resistance - Analysis - 02-12-2020
Economies.com
2020-12-02 04:54AM UTC
The GBPUSD pair managed to breach 1.3400 level and hold with a daily close above it, which supports the continuation of our bullish overview efficiently in the upcoming sessions, waiting to visit 1.3482 that represents our next main target, noting that breaching this level will extend the bullish wave to reach 1.3617 as a next positive target.
Therefore, the bullish trend will remain valid and suggested on the intraday and short term basis, noting that the continuation of the bullish wave requires holding above 1.3315.
The expected trading range for today is between 1.3350 support and 1.3520 resistance.
The expected trend for today: Bullish
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