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May 17, 2022 12:12 PM

GBPUSD Pair Rallied Upwards Strongly Long

British Pound/U.S. DollarFXCM

Description

The GBPUSD pair rallied upwards strongly to surpass our waited target at 1.2423 and opens the way to achieve more bullish correction, to head towards visiting 1.2590 areas as a next main station, taking into consideration that the continuation of the bullish wave requires holding above 1.2420.

The expected trading range for today is between 1.2400 support and 1.2520 resistance.

The expected trend for today: Bullish
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