- 09 Nov 2023, 16:16
#1854
The GBP/USD pair continues to fluctuate at the key resistance of 1.2300 and is still below it to keep the bearish trend scenario active for the upcoming period. Motivated by stochastic negativity, it is waiting to visit 1.2240, followed by 1.2170 levels, mainly reminding you that it is important to hold below 1.2300 to achieve these targets. The expected trading range for today is between 1.2200 support and 1.2350 resistance.
![Image](https://charts.mql5.com/37/878/gbpusd-h4-riston-capital-ltd-3.png)
![Image](https://charts.mql5.com/37/878/gbpusd-h4-riston-capital-ltd-3.png)