Midday update for the GBPUSD 06-05-2022

2022-05-06 09:34:21 GMT (Economies.com)
 

The GBPUSD pair resumes its negative trading to achieve our first negative target at 1.2300 and attempts to break it, to support the expectations of extending the bearish wave and pave the way to head towards 1.2200 as a next station, to continue suggesting the bearish trend for the upcoming period conditioned by the price stability below 1.2410.

 

The expected trading range for today is between 1.2250 support and 1.2450 resistance.

 

The expected trend for today: Bearish

 

 
 
 
  Symbol Last Change Chg.%
1.0183
-0.0065
0.6382%
1.2078
-0.0172
1.4008%
19.893
-0.403
1.986%
89.166
-4.498
4.802%
94.92
0.80
0.85%
1772.965
2.665
0.150%
 
 
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