Midday update for the GBPUSD 06-01-2022

2022-01-06 10:38:27 GMT (Economies.com)
 

The GBPUSD pair provided additional negative trades to reach the thresholds of the waited target at 1.3485, and we need to monitor the upcoming trading to detect the next trend clearly, as breaking this level will push the price to 1.3410 as a next negative target, while consolidating above it will lead the price to return to the bullish trend that its targets begin by testing 1.3565.

 

Therefore, we prefer to stay neutral now until we get clearer signal for the next trend.

 

The expected trading range for today is between 1.3460 support and 1.3600 resistance.

 

The expected trend for today: Neutral

 
 
 
  Symbol Last Change Chg.%
1.1342
-0.0063
0.5485%
1.3609
-0.0048
0.3551%
Tadawul
12260.13
73.83
0.61%
24.117
1.105
4.800%
85.079
1.210
1.443%
88.44
0.93
1.06%
1839.415
18.955
1.041%
 
 
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