British pound news forex analysis

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You may find the analysis on a daily basis with forecasts for the global daily trend. The GBPUSD pair rallies upwards strongly now, motivated by stochastic positivity that appears now, waiting for more rise to visit 1. The GBPUSD pair shows some slight bearish bias now affected by stochastic negativity, and it might test the EMA50 initially before attempting to return to rise again. The GBPUSD pair confirmed breaching the bearish channel’s resistance and settled above the EMA50, which turns the intraday trades to rise, targeting heading towards 1. The GBPUSD pair rallies upwards to breach 1. 3315 level and approaches the second key resistance at 1.

The GBPUSD pair managed to touch our first waited target at 1. The GBPUSD pair crawls upwards to approach the bearish channel’s resistance that declines to 1. 3335, to continue suggesting the bullish trend as long as the price remains stable above 1. The GBPUSD pair provides positive trading since morning on its way towards our main waited target at 1. The GBPUSD pair succeeded to achieve our waited target at 1.