Midday update for the GBPUSD 12-03-2021

Economies.com
2021-03-12 11:23AM UTC

The GBPUSD pair declined strongly to touch our waited target at 1.3905 and settles there, and we suggest the continuation of the negative pressure to break this level and head towards achieving more decline on the intraday basis, reminding you that the extended target reaches 1.3800.

 

The expected trading range for today is between 1.3850 support and 1.4000 resistance.

 

The expected trend for today: Bearish

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