Midday update for the GBPUSD 14-03-2023

Economies.com
2023-03-14 11:14AM UTC

The GBPUSD pair didn’t show any strong move since morning, to fluctuate around 1.2150 level, thus, no change to the expected bullish trend scenario for today, which targets 1.2260 followed by 1.2440 levels as next main stations, noting that we need to get positive motive that assists to push the price to achieve the suggested targets.

 

On the other hand, we should note that the continuation of the bullish wave depends on the price stability above 1.2070.

 

The expected trading range for today is between 1.2070 support and 1.2250 resistance.

 

The expected trend for today: Bullish

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