Midday update for the GBPUSD 19-04-2022

Economies.com
2022-04-19 09:02AM UTC

The GBPUSD pair continues to fluctuate around 1.3000, waiting to get negative motive that assist to push the price to break this level and confirm the continuation of the bearish wave on the intraday and short term basis, which targets 1.2920 level as a next station, noting that the continuation of the expected decline requires holding below 1.3145.

 

The expected trading range for today is between 1.2900 support and 1.3070 resistance.

 

The expected trend for today: Bearish

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