Midday update for the GBPUSD 23-04-2019

Economies.com
2019-04-23 10:24AM UTC

The GBPUSD pair shows some of the bullish bias, to test the critical resistance at 1.3005, which represents the initial protection factor for the continuation of the expected bearish trend scenario in the upcoming period, and its targets begin at 1.2962 and extend to 1.2800 after surpassing the previous level, keeping the bearish trend valid for today unless breaching 1.3005 then 1.3060 levels and holding above it.

 

The expected trading range for today is between 1.2900 support and 1.3055 resistance.

 

The expected trend for today: Bearish

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