Midday update for the GBPUSD 03-08-2020

Economies.com
2020-08-03 09:40AM UTC

The GBPUSD pair resumes its positive trading now to attempt to surpass the bullish channel’s resistance, getting positive motive provided by stochastic now, waiting for more rise for the rest of the day to test 1.3200 initially, reminding you that breaching this level will push the price to 1.3285 as a next target, while holding above 1.3000 represents key condition to continue the expected rise.

 

The expected trading range for today is between 1.3000 support and 1.3180 resistance.

 

The expected trend for today: Bullish

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