Midday update for the GBPUSD 16-11-2021
Economies.com
2021-11-16 10:38AM UTC
The GBPUSD pair trades with strong positivity to attack 1.3470 level, which urges caution from the upcoming trading, as the price needs to hold below this level to keep the bearish trend active for the upcoming period, which gets continuous support by the EMA50, waiting to rebound bearishly to head towards our first negative target at 1.3355.
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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