Forex

Midday update for the GBPUSD 23-07-2021

2021-07-23 09:24:33 GMT (Economies.com)

The GBPUSD pair shows bearish bias to move below the EMA50, and it might head for potential test to the key support 1.3680 before turning back to rise, affected by stochastic negativity.

 

As long as the price is above the mentioned support, our bullish overview will remain valid, reminding you that our main waited target is located at 1.3840.

 

The expected trading range for today is between 1.3700 support and 1.3850 resistance.

 

The expected trend for today: Bullish

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