Midday update for the GBPUSD 24-02-2021
Economies.com
2021-02-24 10:34AM UTC
The GBPUSD pair shows negative trades now to move away from the intraday bullish channel’s support line, which supports the continuation of our bearish overview for today, which targets testing 1.4050 before resuming the main bullish trend, reminding you that breaching 1.4200 will stop the expected decline and push the price to continue the main bullish trend without the need to the suggested decline.
The expected trading range for today is between 1.4050 support and 1.4250 resistance.
The expected trend for today: Bearish temporarily
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