Midday update for the GBPUSD 23-09-2020

Economies.com
2020-09-23 09:12AM UTC

The GBPUSD pair attempts to break 1.2705 level and moves below it now, which supports the continuation of our bearish overview efficiently for the rest of the day, which targets heading towards 1.2540 as a next main station, reminding you that failing to confirm the break will lead the price to start recovery attempts and visit 1.2880 areas mainly.

 

The expected trading range for today is between 1.2620 support and 1.2800 resistance.

 

The expected trend for today: Bearish

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