No news for the GBPUSD - Analysis - 16-04-2021

Economies.com
2021-04-16 01:11AM UTC

The GBPUSD pair didn’t show any strong move yesterday, to continue fluctuating within tight track, thus, no change to our neutrality until the price manages to break 1.3725 support or breach 1.3800 resistance to determine the next destination clearly.

 

We remind you that breaking the mentioned support will push the price to decline again and head towards 1.3580 as a next main target, while breaching the resistance represents the key to achieve additional gains that reach 1.3940.

 

The expected trading range for today is between 1.3680 support and 1.3870 resistance.

 

The expected trend for today: Neutral

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