Midday update for the GBPUSD 16-11-2023
Economies.com
2023-11-16 10:33AM UTC
The GBPUSD pair shows calm negative trades to test 1.2400 barrier, waiting for more decline to achieve our main expected target at 1.2297, to continue suggesting the bearish trend for the rest of the day, which will remain valid unless the price rallied to breach 1.2460 and hold above it.
The expected trading range for today is between 1.2300 support and 1.2450 resistance.
The expected trend for today: Bearish
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