The GBP/USD approaches the extended target – Analysis – 13/07/2022

gbp_cfdThe GBPUSD pair reached few pips away from our extended target at 1.1800 and bounced bullishly from there, to start building new bullish wave that we expect to target testing 1.1980 areas mainly, noting that surpassing this level will push the price to achieve additional gains that reach 1.2077.

Therefore, we expect the continuation of the bullish bias in the upcoming sessions unless breaking 1.1865 and holding below it.

The expected trading range for today is between 1.1865 support and 1.2010 resistance.

The expected trend for today: Bullish

Origin: Economies

Рейтинг FOREX брокеров

Рекомендуемые брокеры


 

Leave a Reply