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Midday update for the GBPUSD 01-07-2022

2022-07-01 09:16:54 GMT (Economies.com)
Midday update for the GBPUSD 01-07-2022
 

The GBPUSD pair continues to decline to approach our first waited target at 1.2077, waiting to break this level to confirm extending the bearish wave towards 1.1933, to keep the bearish trend scenario valid in the upcoming sessions conditioned by the price stability below 1.2225.

 

The expected trading range for today is between 1.2050 support and 1.2200 resistance.

 

The expected trend for today: Bearish

 
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