Midday update for the GBPUSD 13-07-2020
Economies.com
2020-07-13 09:13AM UTC
The GBPUSD pair shows slight bearish bias now after reaching last week’s top around 1.2670, which urges caution from the upcoming trading, as we witness signs of negative pattern that might press on the price for potential test to the key support 1.2515 in case the price continued to decline in the upcoming sessions.
Until now, the bullish trend scenario still active for today as long as 1.2515 level remains intact, reminding you that our main waited target reaches 1.2777.
The expected trading range for today is between 1.2600 support and 1.2777 resistance.
The expected trend for today: Bullish
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