The GBP/USD resumes the rise – Analysis – 10/11/2020

gbp_cfd_1The GBPUSD pair returns to rise after approaching 1.3100 barrier yesterday, to resume the expected bullish trend for the upcoming period, noting that our positive targets begin at 1.3270 and extend to 1.3482 after surpassing the previous level.

The EMA50 keeps supporting the suggested bullish wave, which will remain valid conditioned by the price stability above 1.3000.

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

The expected trend for today: Bullish

Origin: Economies

Рейтинг FOREX брокеров

Рекомендуемые брокеры


 

Leave a Reply