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Midday update for the GBPUSD 17-08-2022
The GBPUSD pair tested the key resistance 1.2140 and bounced bearishly from there, to remain stuck between the trend keys represented by the mentioned resistance and 1.2030 support, which keeps our neutrality valid until now, until the price manages to surpass one of these levels.
To review the details of the expected targets after the breach, please check our morning report.
The expected trading range for today is between 1.2010 support and 1.2200 resistance.
The expected trend for today: Neutral
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Midday update for the EURUSD 17-08-2022
The EURUSD pair didn’t show any strong move since morning, and as long as the price is below 1.0200, our bearish overview will remain valid for today, supported by the negative pressure formed by the EMA50, reminding you that our main targets begin at 1.0100.
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