GBPUSD keeps its positive stability – Analysis - 21-08-2017

Economies.com
2017-08-21 04:21AM UTC

The GBPUSD pair kept its stability above 1.2847 after pushing negatively on it on last Friday, which keeps the bullish trend scenario valid until now, waiting to target 1.3007 followed by 1.3106 levels mainly.

 

Stochastic begins to provide positive overlapping signal on the four hours' time frame to support the expectations of rising, which its continuation conditions holding above 1.2847.

 

Expected trading range for today is between 1.2800 support and 1.3000 resistance.

 

Expected trend for today: Bullish

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