Hello everyone,
GBPUSD 6H NEW FORECAST
The pound sterling pair against the dollar rose strongly yesterday, exceeding our expected target at 1.2790 and settling above it, confirming the opening of the way for further gains during the coming period, noting that the next stop is at 1.2880.
The ascending channel continues to organize the expected upward wave, which receives good support from the moving average of 50, noting that the continuation of the upward trend requires stability above the 1.2720 level.
The expected trading range for today is between Support 1.2700 and Resistance 1.2850
The general trend expected for today: Bullish
GBPUSD 6H NEW FORECAST
The pound sterling pair against the dollar rose strongly yesterday, exceeding our expected target at 1.2790 and settling above it, confirming the opening of the way for further gains during the coming period, noting that the next stop is at 1.2880.
The ascending channel continues to organize the expected upward wave, which receives good support from the moving average of 50, noting that the continuation of the upward trend requires stability above the 1.2720 level.
The expected trading range for today is between Support 1.2700 and Resistance 1.2850
The general trend expected for today: Bullish
