Midday update for the GBPUSD 19-11-2021
Economies.com
2021-11-19 11:13AM UTC
The GBPUSD pair faced strong negative pressure to break 1.3470 level and stop the correctional bullish scenario to turn to decline again, on its way to achieve negative targets that surpass 1.3415 to reach 1.3355.
Therefore, the bearish bias will be expected for the rest of the day unless breaching 1.3470 and holding above it.
The expected trading range for today is between 1.3350 support and 1.3470 resistance.
The expected trend for today: Bearish
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