GBPUSD

New forecast

The British pound against the dollar pair ended last Friday's trading at the level of 1.2727, and is starting to provide slight negative trading now, indicating a move to resume the expected downward trend in the intraday term, waiting to visit the 1.2604 level as the next main target.and extend to 1.2534

Therefore, we will continue to favor the downward trend for the coming period, provided it remains below 1.2727.

The expect range trading for today it will be between the resistance line 1.2788 and support line 1.2534.

resistance line : 1.2727 , 1.2788
support line : 1.2604 , 1.2508

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