GBPUSD 4H Midday update
The GBP/USD pair has been showing sideways trading since the morning, and therefore, there is no change in the expected bullish trend scenario for today, whose next main target is 1.2290.
The moving average of 50 continues to support the suggested bullish wave, which will remain in place unless the 1.2290 level is broken and holds below it.
The general trend expected for today: Bullish
Pivot Price: 1.2229
Resistance prices: 1.2246& 1.2269 & 1.2295
Support prices: 1.2175 & 1.2137 & 1.21117
The moving average of 50 continues to support the suggested bullish wave, which will remain in place unless the 1.2290 level is broken and holds below it.
The general trend expected for today: Bullish
Pivot Price: 1.2229
Resistance prices: 1.2246& 1.2269 & 1.2295
Support prices: 1.2175 & 1.2137 & 1.21117
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