Midday update for the GBPUSD 02-11-2020
Economies.com
2020-11-02 10:31AM UTC
The GBPUSD pair resumes its negative trading clearly to approach our first waited target at 1.2845, waiting for more decline to surpass this level and head towards 1.2705 as a next main station.
Therefore, the bearish trend scenario will remain valid and active for the rest of the day unless the price rallied to breach 1.3000 and hold above it.
The expected trading range for today is between 1.2830 support and 1.3000 resistance.
The expected trend for today: Bearish
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