Midday update for the GBPUSD 13-03-2023

Economies.com
2023-03-13 10:37AM UTC

The GBPUSD pair shows more bullish bias and fluctuates around 1.2100 level now, and it needs positive motive that assists to push the price to continue the expected bullish trend for today, which its next target located at 1.2260.

 

Therefore, we will continue to suggest the bullish trend that depends on the price stability above 1.2050 as a first condition to achieve the waited targets, as breaking it will push the price to decline towards 1.1940 before any new positive attempt.

 

The expected trading range for today is between 1.2040 support and 1.2200 resistance.

 

The expected trend for today: Bullish

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