The GBPUSD price achieves strong gains – Forecast today – 22-08-2024

gbp_cfdThe GBPUSD price rallied upwards strongly to breach 1.3044$ level and reach 1.3100$ barrier, reinforcing the expectations of continuing the bullish trend within the bullish channel that appears on the chart, and the way is open to head towards our next target that rises now to 1.3185$.

Therefore, we are waiting for more expected rise in the upcoming sessions, taking into consideration that breaking 1.3044$ will stop the bullish wave and push the price to achieve some intraday bearish correction before turning back to rise again.

The expected trading range for today is between 1.3010$ support and 1.3175$ resistance.

Trend forecast: Bullish

Origin: Economies

 

Рейтинг FOREX брокеров

Рекомендуемые брокеры


 

Leave a Reply