The GBP/USD continues to rise – Analysis – 09/11/2020

eur_gbp_1The GBPUSD pair keeps providing the positive trades to approach 1.3200 barrier, reinforcing the expectations of continuing the bullish trend in the upcoming period, which its next targets located at 1.3250 followed by 1.3482.

The EMA50 keeps supporting the suggested bullish wave, waiting to get enough positive momentum to push the price to achieve the suggested targets, reminding you that it is important to hold above 1.3000 to continue the expected rise.

The expected trading range for today is between 1.3100 support and 1.3300 resistance.

The expected trend for today: Bullish

Origin: Economies

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