Midday update for GBPUSD 22-07-2016
Economies.com
2016-07-22 11:11AM UTC
The GBPUSD pair bounced strongly to the downside after testing 1.3225 level this morning, which keeps our bearish overview valid efficiently for today, which targets 1.2935 followed by 1.2825 levels mainly.
Stochastic overlaps negatively to support the expectations of more decline in the upcoming period.
Expected trading range for today is between 1.3000 support and 1.3350 resistance.
Expected trend for today: Bearish
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