GBPUSD returns to the channel – Analysis - 05-01-2018
Economies.com
2018-01-05 05:01AM UTC
The GBPUSD pair succeeded to hold above the bullish channel's support line again, reinforcing the expectations of resuming the main bullish trend that its targets begin by testing the recently recorded top at 1.3618, waiting to surpass this level to open the way to head towards 1.3800.
Holding above 1.3525 is important to continue the expected rise, as breaking it will push the price to test 1.3419 areas again before any new attempt to rise.
Expected trading range for today is between 1.3500 support and 1.3650 resistance.
Expected trend for today: Bullish
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