The GBPUSD tests the key support - Analysis - 25-01-2021
Economies.com
2021-01-25 02:23AM UTC
The GBPUSD pair continued the decline to test the critical support at 1.3645, noticing that the price bounced higher from there, supported by stochastic positivity, waiting for more of the upside moves to surpass 1.3700 barrier, and opens the way towards 1.3815 that represents our next station.
Therefore, we will keep preferring the bullish trend in the upcoming period, conditioned by holding above 1.3645 and the most important above 1.3580.
The expected trading range for today is between 1.3600 support and 1.3780 resistance.
The expected trend for today: Bullish
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