The GBPUSD is stable above the support base - Analysis - 19-11-2021

Economies.com
2021-11-19 05:49AM UTC

The GBPUSD pair keeps its stability above 1.3470 level, to keep the correctional bullish trend scenario active for the upcoming period, waiting to visit 1.3540 initially.

 

We should note that breaking 1.3470 will stop the expected rise and press on the price to resume the main bearish trend that its targets begin 1.3415 followed by 1.3355.

 

The expected trading range for today is between 1.3390 support and 1.3560 resistance.

 

The expected trend for today: Bullish

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