Midday update for the GBPUSD 13-07-2021

Economies.com
2021-07-13 09:09AM UTC

The GBPUSD pair faces new negative pressure to move below 1.3890 level, which urges caution from the upcoming trading, noting that the price needs to trade above this level to keep the expected bullish trend active, which targets 1.3960 initially, noting that failing to step above 1.3890 will force the price to achieve additional decline that reach 1.3805.

 

The expected trading range for today is between 1.3820 support and 1.3990 resistance.

 

The expected trend for today: Bullish

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