The GBPUSD tests the support – Analysis - 22-08-2019
Economies.com
2019-08-22 04:36AM UTC
The GBPUSD pair hovers around 1.2135 level, noticing that the EMA50 continues to provide the positive support to the price, while stochastic reaches the oversold areas now.
Therefore, these factors encourage us to continue suggesting the bullish trend in the upcoming sessions, which its next targets begin at 1.2207 and extend to 1.2326, while achieving them requires holding above 1.2110.
The expected trading range for today is between 1.2070 support and 1.2230 resistance.
The expected trend for today: Bullish
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