Midday update for the GBPUSD 05-10-2021

Economies.com
2021-10-05 09:38AM UTC

The GBPUSD pair provides new positive trades to attack 1.3625 level, which urges caution from the upcoming trading, as confirming the breach will stop the negative scenario suggested for today and lead the price to turn to rise, while the price needs to trade below 1.3600 again to reinforce the chances of resuming the bearish trend that its first target located at 1.3530.

 

The expected trading range for today is between 1.3500 support and 1.3660 resistance.

 

The expected trend for today: Bearish

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