Midday update for the GBPUSD 22-01-2020

Economies.com
2020-01-22 11:15AM UTC

The GBPUSD pair shows bullish bias to move above 1.3040, which urges caution from the upcoming trading, as settling above this level will stop the negative scenario temporarily and leads the price to visit 1.3150 before new negative attempt, while the next main target of the expected bearish wave is located at 1.2920.

 

The expected trading range for today is between 1.2950 support and 1.3100 resistance.

 

The expected trend for today: Bearish

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