Midday update for the GBPUSD 08-10-2021

Economies.com
2021-10-08 10:07AM UTC

The GBPUSD pair faces negative pressure now to attack 1.3600 level, which urges caution from the upcoming trading, as breaking this level followed by breaking 1.3555 will stop the suggested positive scenario and put the price under the negative pressure again, while the price needs to step above 1.3600 to regain the bullish trend that targets 1.3660 followed by 1.3720 as next main stations.

 

The expected trading range for today is between 1.3555 support and 1.3710 resistance.

 

The expected trend for today: Bullish

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