The GBP/USD resumes the rise – Analysis – 15/01/2021

news_22_feb_2_gbp_usdThe GBPUSD pair returned to rise but it continues to face solid resistance at 1.3700 barrier, waiting to surpass this level to ease the mission of ease the mission of rallying towards our next positive target that extends to 1.3860.

In general, we will continue to suggest the bullish trend conditioned by the price stability above 1.3590, as breaking this level might press on the price to test 1.3490 areas before any new attempt to rise.

The expected trading range for today is between 1.3600 support and 1.3780 resistance.

The expected trend for today: Bullish

Origin: Economies

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