Home About the company Daily reviews Currency pair analysis for today, October 26th: GBP/USD

Currency pair analysis for today, October 26th: GBP/USD

26.10.2021

Market Review

The GBP/USD pair continues to fluctuate at the ascending channel's support, and is getting continuous support from the EMA50, while the stochastic indicator is showing positive signs now.

Therefore, these factors encourage us to continue suggesting the bullish trend for the upcoming period, whose targets begin by breaching 1.3795 to confirm the rally towards 1.3910, reminding you that holding above 1.3720 is important to achieve the suggested targets.

The expected trading range for today: between 1.3700 support and 1.3860 resistance

The forecast trend for today: bullish

Author: GC
Back to all reviews Back

Subscribe to company news:

Thank you for subscribing to our analytics

Review topic

All Market Review
Log in Registration

Don't have your language?