The GBPUSD faces solid resistance - Analysis - 10-11-2021
Economies.com
2021-11-10 05:26AM UTC
The GBPUSD pair found difficulty to surpass 1.3610 level, to show some temporary bearish bias, and stochastic attempts to gain the positive momentum on the intraday time frames, to support the chances of surpassing the mentioned level and open the way to head towards 1.3730 as a next positive target.
Until now, the bullish trend scenario still active for the upcoming period conditioned by the price stability above 1.3500, as breaking it will press on the price to resume the bearish bias that its targets begin by testing 1.3415 areas again.
The expected trading range for today is between 1.3480 support and 1.3650 resistance.
The expected trend for today: Bullish
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