Midday update for the GBPUSD 15-11-2021

Economies.com
2021-11-15 10:51AM UTC

The GBPUSD pair trades negatively now to support the expectations of continuing the main bearish trend, supported by stochastic negativity that appears clearly on the four hours’ time frame, noting that our targets begin by breaking 1.3355 to reinforce the chances of rallying towards our next negative target at 1.3160, noting that the continuation of the bullish wave requires holding below 1.3470.

 

The expected trading range for today is between 1.3340 support and 1.3500 resistance.

 

The expected trend for today: Bearish

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