Midday update for the GBPUSD 29-11-2021
Economies.com
2021-11-29 10:15AM UTC
The GBPUSD pair returns to test 1.3355 level and still below it, and the EMA50 forms continuous negative pressure against the price, thus, no change to the bearish trend scenario that depends on the price stability below the mentioned level, waiting to resume the bearish wave that its next main target located at 1.3160.
The expected trading range for today is between 1.3240 support and 1.3390 resistance.
The expected trend for today: Bearish
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