The GBP/USD needs positive motive – Analysis – 24/06/2022

usd_gbp_news_2The GBPUSD pair keeps its stability above 1.2205 level after the several attempts to break it, which keeps our bullish overview valid and active for the upcoming period, waiting to achieve our positive targets that start at 1.2320 and extend to 1.2490.

Note that breaking 1.2205 and holding below it will press on the price to turn to decline and achieve negative targets that reach 1.2077 initially.

The expected trading range for today is between 1.2200 support and 1.2370 resistance.

The expected trend for today: Bullish

Origin: Economies

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