The GBPUSD tests the channel’s support - Analysis - 28-06-2022

2022-06-28 04:14:29 GMT (Economies.com)
 

The GBPUSD pair returns to fluctuate around the EMA50, testing the bullish channel’s support line that appears on the chart, while stochastic attempts to gain the positive momentum again.

 

Therefore, the bullish trend scenario will remain valid conditioned by the price stability above 1.2205, reminding you that our next main target extends to 1.2490.

 

The expected trading range for today is between 1.2200 support and 1.2370 resistance.

 

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The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.0183
-0.0065
0.6382%
1.2078
-0.0172
1.4008%
19.893
-0.403
1.986%
89.166
-4.498
4.802%
94.92
0.80
0.85%
1772.965
2.665
0.150%
 
 
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