Midday update for the GBPUSD 07-12-2021

Economies.com
2021-12-07 10:29AM UTC

The GBPUSD pair keeps its consolidation below the resistance line and begins to provide negative trades now, reinforcing the expectations of continuing the bearish trend in the upcoming sessions, motivated by stochastic negativity, waiting for additional negative trades to target 1.3160 as a next main station, reminding you that it is important to hold below 1.3355 to continue the expected decline.

 

The expected trading range for today is between 1.3190 support and 1.3355 resistance.

 

The expected trend for today: Bearish

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