Midday update for the GBPUSD 24-11-2021

Economies.com
2021-11-24 10:33AM UTC

The GBPUSD pair trades with clear negativity now and attempts to break 1.3355 level, which supports the continuation of the expected bearish trend scenario efficiently in the upcoming sessions, motivated by stochastic negativity that appears on the four hours’ time frame, reminding you that our next main target is located at 1.3160, while achieving it requires holding below 1.3390 as a first condition.

 

The expected trading range for today is between 1.3280 support and 1.3440 resistance.

 

The expected trend for today: Bearish

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