Forex

Midday update for the GBPUSD 06-08-2020

2020-08-06 09:03:02 GMT (Economies.com)

The GBPUSD pair provides new positive trades to approach our waited target at 1.3200, and the EMA50 continues to support the price from below, to keep our bullish overview that depends on the price stability above 1.3000, noting that surpassing the mentioned target will push the price to 1.3290 as a next station.

 

The expected trading range for today is between 1.3050 support and 1.3220 resistance.

 

The expected trend for today: Bullish

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