GBPUSD is stable – Analysis - 19-03-2018
Economies.com
2018-03-19 05:00AM UTC
The GBPUSD pair fluctuates at the bullish trend line that appears on the chart, finding difficulty to resume the bullish trend affected by stochastic negativity that appears clearly on the daily chart, which might force the price to provide more sideways trading until gaining enough positive momentum to push trades to rise again.
Until now, we will continue to suggest the bullish trend as long as the price remains stable above 1.3910, supported by the EMA50 that carries the price from below, reminding you that our next main target is located at 1.4344.
Expected trading range for today is between 1.3850 support and 1.4040 resistance.
Expected trend for today: Bullish
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