Midday update for the GBPUSD 29-09-2022

Economies.com
2022-09-29 09:35AM UTC

The GBPUSD pair crawls downwards calmly, to keep the bearish trend scenario valid and active for today, motivated by stochastic current negativity, waiting for more decline to visit 1.0635 as a next main target, reminding you that it is important to hold below 1.0845 to continue the expected bearish trend.

 

The expected trading range for today is between 1.0690 support and 1.0850 resistance.

 

The expected trend for today: Bearish

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