Midday update for the GBPUSD 29-01-2021
Economies.com
2021-01-29 12:06PM UTC
The GBPUSD pair bounced bullishly after approaching 1.3645 support line, to start testing 1.3715 resistance, and as long as the price is between these levels, our neutrality will remain valid until the price gets clearer signal for the next trend through breaching one of the mentioned levels.
Note that the details of the expected targets after the breach are explained in our morning report.
The expected trading range for today is between 1.3600 support and 1.3815 resistance.
The expected trend for today: Neutral
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