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    Thread: GBP/USD Analysis

    1. 11-13-2023, 03:13 PM #1 Collapse post
      ArwaIbrahim
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      GBP/USD Analysis

      The GBP/USD pair shows some bullish bias to test the EMA50, and the stochastic shows clear overbought signals to support the expectations of continuing the bearish trend for today, reminding you that our next target is 1.2170.
      *
      On the other hand, breaching 1.2297 will stop the expected decline and push the price to rise.

      The expected trading range for today is between 1.2140 support and 1.2280 resistance.

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