The GBPUSD pair attempted to breach 1.3175 resistance line again, but it couldn’t hold for long time above it, to remain stuck between this resistance and 1.3100 support, which makes us continue with our neutrality until we get clearer signal for the next trend.
We remind you that breaking the mentioned support will press on the price to resume the main bearish trend that its next target located at 1.3000, while breaching the resistance represents the key to rally to achieve bullish correction that its next main target reaches 1.3310.
The expected trading range for today is between 1.3060 support and 1.3240 resistance.
The expected trend for today: Depends on the above mentioned levels
Origin: Economies
