Midday update for the GBPUSD 02-07-2021

Economies.com
2021-07-02 09:13AM UTC

The GBPUSD pair settles around 1.3765 level, waiting for more decline to visit 1.3670 level that represents our next negative target, to continue suggesting the bearish trend in the upcoming sessions supported by the EMA50, reminding you that holding below 1.3805 is important to achieve the suggested targets.

 

The expected trading range for today is between 1.3670 support and 1.3850 resistance.

 

The expected trend for today: Bearish

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