Midday update for the GBPUSD 10-11-2021

Economies.com
2021-11-10 11:51AM UTC

The GBPUSD pair faces additional negative pressure to test the key support 1.3500, which urges caution from the upcoming trading, as breaking this level will stop the recently suggested positive scenario and press on the price to achieve more decline that targets 1.3415 as a next station, while the price needs to breach 1.3610 to revive the bullish trend scenario that its next target located at 1.3730.

 

The expected trading range for today is between 1.3480 support and 1.3650 resistance.

 

The expected trend for today: Bullish

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