GBPUSD Price Analysis Expected Scenario The GBPUSD price returned to rise after the temporary decline that it witnessed in the previous sessions, supported by the EMA50 that carries the price from below, waiting for more rise to head towards our main expected target at 1.2893$. Breaching 1.2805$ will ease the mission to rise and achieve the suggested target, while breaking...

GBPUSD Price Analysis Expected Scenario The GBPUSD price trades positively to move away from 1.2700$ level, reinforcing the expectations of continuing the bullish trend in the upcoming period, affected by the previously completed double bottom pattern, reminding you that our next main target reaches 1.2893$. Holding above 1.2700$ is important to the continuation of the expected rise, as breaking it...

GBPUSD Price Analysis Expected Scenario The GBPUSD price returns to rise after the weak fluctuation that it witnessed in the previous sessions, and attempts to surpass 1.2800$ barrier, reinforcing the expectations of continuing the bullish trend, which targets 1.2893$ as a next station. The EMA50 keeps supporting the suggested bullish wave, affected by the previously completed double bottom pattern, reminding...

Price Analysis: GBPUSD Expected Scenario The GBPUSD price rallied upwards strongly yesterday to breach 1.2800$ barrier and settle above it, reinforcing the expectations of continuing the bullish trend on the intraday and short-term basis, and the way is open to visit 1.2893$ as a next main target. The positive effect of the double bottom pattern supports the continuation of the...