Forex

Midday update for the GBPUSD 26-10-2020

2020-10-26 09:17:24 GMT (Economies.com)

The GBPUSD pair touched 1.3000 level and presses negatively on it, which supports the expectations of extending the bearish wave to target 1.2945 level as a next negative station, to continue suggesting the bearish trend in the upcoming sessions conditioned by that price stability below 1.3090.

 

The expected trading range for today is between 1.2945 support and 1.3100 resistance.

 

The expected trend for today: Bearish temporarily

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