Midday update for the GBPUSD 23-11-2020

Economies.com
2020-11-23 11:48AM UTC

The GBPUSD pair rallied upwards to breach 1.3335 and settles above it, which activates the bullish trend scenario in the upcoming sessions, on its way to achieve positive targets that reach 1.3482 as a next main station, taking into consideration that breaking 1.3335 and holding below it will stop the suggested positive scenario and press on the price to decline and test 1.3270 initially.

 

The expected trading range for today is between 1.3300 support and 1.3430 resistance.

 

The expected trend for today: Bullish for the rest of the day

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