Midday update for GBPUSD 11-01-2018
Economies.com
2018-01-11 10:49AM UTC
The GBPUSD pair falls under negative pressure to break 1.3505 level and settles below it, which cancels the positive pattern mentioned this morning to witness negative formation that appears on the chart, which urges caution from the upcoming trades, as breaking 1.3495 will push the price to visit 1.3419 direct, while breaching 1.3565 will stop the current negative pressure and push the price back to the main bullish track again.
Expected trading range for today is between 1.3400 support and 1.3600 resistance.
Expected trend for today: Neutral
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