Midday update for the GBPUSD 06-12-2022

Economies.com
2022-12-06 10:24AM UTC

The GBPUSD pair fluctuates within tight track since morning, and as long as the price is above 1.2130, the bullish trend scenario will remain valid for today, supported by stochastic and the EMA50 positivity, reminding you that we are waiting to visit 1.2465 as a next main target.

 

The expected trading range for today is between 1.2130 support and 1.2300 resistance.

 

The expected trend for today: Bullish

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