The GBP/USD leans on the support – Analysis – 25/03/2022

usd_gbp_news_2The GBPUSD pair approached 1.3145 level yesterday, and bounced bullishly to settle around 1.3175, noticing that the price begins today with clear positivity to support the chances of resuming the correctional bullish trend, on its way to visit 1.3310 as a next correctional target.

Therefore, the bullish bias will be suggested for today, and breaching 1.3325 will ease the mission of achieving the mentioned target, noting that the continuation of the bullish wave depends on the price stability above 1.3145.

The expected trading range for today is between 1.3145 support and 1.3300 resistance.

The expected trend for today: Bullish

Origin: Economies

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