Midday update for the GBPUSD 25-06-2021

Economies.com
2021-06-25 09:00AM UTC

The GBPUSD pair faces new negative pressure to test the key support 1.3890, which urges caution from the upcoming trading, as breaking this level will stop the morning suggested positive scenario and press on the price to turn to decline, while consolidating above it is required to resume the bullish trend that its targets begin at 1.3960 and extend to 1.4027.

 

The expected trading range for today is between 1.3870 support and 1.4020 resistance.

 

The expected trend for today: Bullish

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