GBPUSD surpasses the first target – Analysis - 29-06-2017
Economies.com
2017-06-29 04:52AM UTC
The GBPUSD pair continued its bullish rally strongly yesterday to breach 1.2890 level and closes the daily candlestick above it, which supports the continuation of our bullish overview efficiently in the upcoming period, and the way is open to head towards 1.3100 that represents the next main target.
Therefore, we will be waiting for more rise today unless breaking 1.2890 level and holding below it, noting that the EMA50 provides good support to the suggested bullish wave.
Expected trading range for today is between 1.2890 support and 1.3080 resistance.
Expected trend for today: Bullish
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