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The British pound crosses resistance
The British pound against the dollar pair was able to penetrate the level of 1.2297 and close the daily candle above it, which effectively supports the continuation of the expected bullish trend scenario during the coming sessions, paving the way for heading toward our next positive target at 1.23761.
The Stochastic indicator is now providing positive signals that support the chances of achieving more gains during the coming sessions, keeping in mind that breaking 1.2297 will stop the expected rise and put pressure on the price to turn lower.
The expected trading range for today is between support 1.2090 and Resistance 1.2399
The general trend expected for today: Bullish
The Stochastic indicator is now providing positive signals that support the chances of achieving more gains during the coming sessions, keeping in mind that breaking 1.2297 will stop the expected rise and put pressure on the price to turn lower.
The expected trading range for today is between support 1.2090 and Resistance 1.2399
The general trend expected for today: Bullish
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