GBP/USD Forecast. The pound forecast update 23-10-2024

gbp-l2The GBPUSD price fluctuates within tight range since morning, thus, no change to the expected bearish trend scenario for today, which depends on the price stability below 1.3000$, supported by the EMA50, reminding you that our next main target is located at 1.2866$.

The expected trading range for today is between 1.2900$ support and 1.3050$ resistance

Trend forecast: Bearish

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