The GBP/USD breaches the resistance – Analysis – 23/12/2021

gbp-l2The GBPUSD pair ended yesterday with strong positivity to breach 1.3315 level and settles above it, which leads the price to achieve additional bullish correctional that targets testing 1.3410 and might extend to 1.3485 after breaching the previous level.

Therefore, the bullish bias will be suggested for today, noting that breaking 1.3315 will stop the positive scenario and press on the price to decline again.

The expected trading range for today is between 1.3270 support and 1.3440 resistance.

The expected trend for today: Bullish

Origin: Economies

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