Midday update for the GBPUSD 01-03-2021
Economies.com
2021-03-01 10:21AM UTC
The GBPUSD pair resumes its negative trades after testing the EMA50, to keep the bearish trend valid and active for the upcoming sessions, supported by stochastic to the overbought areas, reminding you that we are waiting to visit 1.3775 followed by 1.3685 as next main stations, while holding below 1.4040 represents major condition to continue the expected decline
The expected trading range for today is between 1.3870 support and 1.4040 resistance.
The expected trend for today: Bearish
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