Midday update for the GBPUSD 13-12-2019
Economies.com
2019-12-13 11:06AM UTC
The GBPUSD pair declined to test the key support 1.3380 and keeps its stability above it until now, waiting for a bullish rebound to resume the main bullish trend, which its next main target located at 1.3700, noting that breaking 1.3380 will put the price under additional negative pressure that might force the price to visit 1.3225 areas initially before turning to rise again.
The expected trading range for today is between 1.3380 support and 1.3560 resistance.
The expected trend for today: Bullish
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