Midday update for GBPUSD 20-11-2017
Economies.com
2017-11-20 10:52AM UTC
The GBPUSD pair shows bullish bias now to approach the key resistance 1.3295, which represents the sideways range resistance that dominated the intraday trades since last month, noting that breaching this resistance will push the price towards 1.3419 initially, but we still keep the sideways move scenario until the price confirms breaching the mentioned resistance or breaking 1.3096 support, which will push the pair to test 1.2973 level mainly.
Expected trading range for today is between 1.3096 support and 1.3295 resistance.
Expected trend for today: Sideways
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