The GBP/USD breaches the resistance – Analysis – 14/10/2021

gbp-l2The GBPUSD pair managed to breach 1.3660 level and closed the last four hours’ candlestick above it, which supports the continuation of our bullish overview efficiently in the upcoming sessions, paving the way to achieve positive targets that start at 1.3720 followed by 1.3795.

The EMA50 supports the expected rise, noting that the continuation of the bullish wave requires holding above 1.3600.

The expected trading range for today is between 1.3600 support and 1.3760 resistance.

The expected trend for today: Bullish

Origin: Economies

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