The GBPUSD tests the support base – Analysis - 04-08-2020
Economies.com
2020-08-04 03:45AM UTC
The GBPUSD pair provided clear negative trades yesterday to test the key support base 1.3000, noticing that the price bounced bullishly to head towards resuming the main bullish trend, supported by stochastic and the EMA50 positivity, waiting to test 1.3200 as a first station.
Therefore, we will continue to suggest the bullish trend for the upcoming period conditioned by the price stability above 1.3000.
The expected trading range for today is between 1.3000 support and 1.3180 resistance.
The expected trend for today: Bullish
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