Midday update for the GBPUSD 13-05-2022

2022-05-13 09:16:34 GMT (Economies.com)
 

The GBPUSD pair shows sideways and tight trades since morning, and stochastic continues to lose the positive momentum gradually, thus, no change to the bearish trend scenario that depends on the price stability below 1.2350, reminding you that our next main target extends to 1.2080.

 

The expected trading range for today is between 1.2130 support and 1.2290 resistance.

 

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The expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.0756
0.0103
0.9678%
1.2651
0.0089
0.7073%
22.144
0.232
1.061%
113.986
3.847
3.493%
117.55
0.15
0.13%
1855.305
-1.130
0.061%
 
 
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