Midday update for the GBPUSD 16-06-2021

Economies.com
2021-06-16 09:37AM UTC

The GBPUSD pair trades with strong positivity to attack the key resistance 1.4120, which urges caution from the upcoming trading, as the price needs to hold below this level to keep the correctional bearish scenario active for today, reminding you that our targets begin at 1.4030 and extend to 1.3960.

 

The expected trading range for today is between 1.4000 support and 1.4150 resistance.

 

The expected trend for today: Bearish

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