Midday update for the GBPUSD 21-05-2019
Economies.com
2019-05-21 09:20AM UTC
The GBPUSD pair resumes its negative trading clearly to move below 1.2700 barrier now, reinforcing the expectations of continuing the bearish trend on the intraday and short term basis, and the way is open to achieve our main waited target at 1.2636, noting that holding below 1.2760 represents initial condition to continue the suggested decline.
The expected trading range for today is between 1.2636 support and 1.2800 resistance.
The expected trend for today: Bearish
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