GBPUSD continues to fluctuate – Analysis - 15-11-2017
Economies.com
2017-11-15 04:25AM UTC
The GBPUSD pair provided positive trading yesterday after testing 1.3096 level, to fluctuate around the EMA50 now, and the price still inside the sideways range that its signs appear on chart, to continue suggesting the sideways move on the intraday basis until the price manages to exit the mentioned range.
We remind you that breaking 1.3096 will push the price to test 1.2973 direct, while breaching 1.3295 will allow the price to be released from the negative pressure that dominated the recent trades and regain the main bullish trend again, to target visiting 1.3418 followed by 1.3618 levels as next main stations.
Expected trading range for today is between 1.3040 support and 1.3230 resistance.
Expected trend for today: Sideways
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