02.02.2022
The pound sterling against the dollar was able to achieve our awaited target at 1.3525 and settle there, and obtaining positive support from the EMA50 to support the chances of surpassing this level and opening the way to achieving more gains in the upcoming sessions, as the next target reaches 1.3610.
Therefore, the bullish trend will remain expected for the upcoming period, noting that the failure to breach 1.3525 will pressure the price to rebound to the downside and head towards 1.3460 initially.
The expected trading range for today is between 1.3460 support and 1.3610 resistance.
The forecast trend for today: bullish.
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