The GBPUSD within sideways track - Analysis - 15-07-2021
Economies.com
2021-07-15 04:48AM UTC
The GBPUSD pair touched 1.3890 and bounced bearishly from there, to head towards testing the key support 1.3805, which represents the next trend keys, waiting to breach one of these levels to detect the next destination clearly.
Therefore, we will continue with our neutrality until we get clearer signal for the next trend, reminding you that breaking the mentioned support will press on the price to resume the bearish trend that its next target located at 1.3670, while breaching the resistance represents the key to rally towards 1.3960 followed by 1.4025 levels on the near term basis.
The expected trading range for today is between 1.3740 support and 1.3910 resistance.
The expected trend for today: Neutral
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