The GBP/USD within tight track – Analysis – 18/11/2020

gbp_cfdThe GBPUSD pair’s recent trades are confined within sideways and tight range as appears on the chart, thus, no change to the bullish trend scenario that depends on the price stability above 1.3175, supported by the EMA50 that continues to carry the price from below, reminding you that our main waited targets begin at 1.3300 and extend to 1.3482 after surpassing the previous level.

The expected trading range for today is between 1.3200 support and 1.3350 resistance.

The expected trend for today: Bullish

Origin: Economies

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