Forex

The GBPUSD returns to rise - Analysis - 27-11-2020

2020-11-27 04:59:33 GMT (Economies.com)

The GBPUSD pair returns to rise after approaching 1.3315 level, starting today positively to move above the bullish channel’s resistance, which keeps the bullish trend scenario valid for the upcoming period, supported by the EMA50, besides the positive overlapping signal provided by stochastic, noting that our next station reaches 1.3482, while achieving it requires holding above 1.3315.

 

The expected trading range for today is between 1.3300 support and 1.3482 resistance.

 

The expected trend for today: Bullish

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