Midday update for the GBPUSD 25-11-2020

Economies.com
2020-11-25 11:52AM UTC

The GBPUSD pair faces new negative pressure to attack 1.3310 and attempts to hold below it, which urges caution from the upcoming trading, as confirming the break will stop the morning suggested positive scenario and press on the price to suffer more losses that target 1.3190 areas initially, while the price needs to step above 1.3355 to confirm regaining the bullish trend that its next main target located at 1.3482.

 

The expected trading range for today is between 1.3300 support and 1.3482 resistance.

 

The expected trend for today: Bullish

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