Midday update for the GBPUSD 22-06-2022
Economies.com
2022-06-22 09:15AM UTC
The GBPUSD pair faces negative pressure to test 1.2205 and attempts to break it, which urges caution from the upcoming trading, as continuing the negative pressure and breaking this level will push the price to turn to decline and head towards 1.2077 mainly, while consolidating above it is required to resume the bullish trend that targets 1.2320 followed by 1.2490 levels as next main stations.
The expected trading range for today is between 1.2160 support and 1.2330 resistance.
The expected trend for today: Bullish
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