The GBP/USD gathers the positive momentum – Analysis – 14/01/2021

gbp_usd_news_1The GBPUSD pair found solid resistance at 1.3700 barrier, to trade negatively and approaches 1.3600 areas, noticing that stochastic gathers the positive momentum clearly, waiting to motivate the price to resume the bullish trend that its next target located at 1.3860.

Therefore, we will continue to suggest the bullish trend for the upcoming period conditioned by the price stability above 1.3590.

The expected trading range for today is between 1.3570 support and 1.3740 resistance.

The expected trend for today: Bullish

Origin: Economies

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