The GBP/USD hits the target – Analysis – 27/07/2021

eu-l13The GBPUSD pair succeeded to achieve our waited target at 1.3825 and attempts to breach it, which hints heading to achieve more expected gains in the upcoming sessions, on its way to visit 1.3910 as a next positive target.

Therefore, the bullish bias will be expected for today too, supported by moving above the EMA50, taking into consideration that breaking 1.3790 will stop the positive scenario and press on the price to resume the negative trades within the bearish channel that appears on the chart.

The expected trading range for today is between 1.3760 support and 1.3910 resistance.

The expected trend for today: Bullish

Origin: Economies

Рейтинг FOREX брокеров

Рекомендуемые брокеры


 

Leave a Reply