Midday update for the GBPUSD 24-03-2020

Economies.com
2020-03-24 10:47AM UTC

The GBPUSD pair shows more bullish bias to move above 1.1700 barrier, which supports the continuation of our positive overview efficiently for the rest of the day, waiting to test 1.1830 level initially, which breaching it represents the key to rally towards 1.2093 as a next station, noting that holding above 1.1600 represents initial condition to continue the suggested positive scenario.

 

The expected trading range for today is between 1.1600 support and 1.1800 resistance.

 

The expected trend for today: Bullish

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