The GBP/USD is recovering – Analysis – 01/03/2022

gbp2The GBPUSD pair ended yesterday with clear positivity to settle above 1.3390 level, to notice that it recorded higher low that supports the chances of achieving more expected gains in the upcoming sessions, on its way to achieve positive targets that start at 1.3460 and extend to 1.3525.

Therefore, the bullish bias will be suggested for today, noting that breaking 1.3390 and holding below it will stop the expected rise and press on the price to decline again.

The expected trading range for today is between 1.3320 support and 1.3510 resistance.

The expected trend for today: Bullish

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