Midday update for GBPUSD 22-05-2018

Economies.com
2018-05-22 11:14AM UTC

The GBPUSD pair tested 1.3490 level and keeps its stability below it until now, which keeps our bearish overview active for today, reminding you that we are waiting to target 1.3300 as a next main station, while breaching 1.3490 represents the key to stop the current negative pressure and return to the main bullish trend again.

 

Expected trading range for today is between 1.3320 support and 1.3500 resistance.

 

Expected trend for today: Bearish

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