Midday update for the GBPUSD 23-10-2020
Economies.com
2020-10-23 10:36AM UTC
The GBPUSD pair provided positive trades to test 1.3100 barrier and returns to trade below it, which keeps the bearish trend scenario active for today, which targets 1.3000 level mainly, noting that breaching 1.3175 will stop the expected decline and leads the price to resume the main bullish trend again.
The expected trading range for today is between 1.2970 support and 1.3150 resistance.
The expected trend for today: Bearish temporarily
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