Midday update for the GBPUSD 29-01-2020

Economies.com
2020-01-29 11:10AM UTC

The GBPUSD pair did not show any strong move since morning, to continue fluctuating near 1.3000 level, and as long as the price is below 1.3150, our bearish overview will remain valid for today, waiting to test 1.2920 level as a next main target, noting that breaking this level will push the price to 1.2736 as a next correctional level.

 

The expected trading range for today is between 1.2940 support and 1.3090 resistance.

 

The expected trend for today: Bearish

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