Forex
Midday update for the GBPUSD 20-11-2020
2020-11-20 11:03:51 GMT
(Economies.com)
The GBPUSD pair still above the support line that appears on the chart, noticing that stochastic shows overbought signals now, waiting to motivate the price to resume the expected bearish trend for today, and the price needs to break 1.3260 to ease the mission of heading towards our first main waited target at 1.3105, reminding you that it is important to hold below 1.3320 to continue the suggested decline.
The expected trading range for today is between 1.3160 support and 1.3340 resistance.
The expected trend for today: Bearish
| Symbol | Last | Change | Chg.% | ||
|---|---|---|---|---|---|
|
|
|
1.1923
|
0.0029
|
0.2459%
|
|
|
|
|
1.3322
|
-0.0061
|
0.4539%
|
|
|
|
Tadawul
|
8693.47
|
65.41
|
0.76%
|
|
|
|
|
23.198
|
-0.848
|
3.525%
|
|
|
|
|
45.405
|
2.580
|
6.024%
|
|
|
|
|
48.14
|
0.36
|
0.75%
|
|
|
|
|
1806.660
|
-59.850
|
3.207%
|
|
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