Midday update for GBPUSD 11-07-2018

Economies.com
2018-07-11 09:23AM UTC

The GBPUSD pair continues to fluctuate within sideways track, settling above 1.3229 level, to keep the bullish trend scenario active on the intraday and short term basis, waiting to target 1.3390 followed by 1.3490 levels as next main stations, noting that breaking 1.3226 will stop the expected rise and push the price to target negative levels that begin at 1.3070 and extend to 1.2962.

 

Expected trading range for today is between 1.3200 support and 1.3360 resistance.

 

Expected trend for today: Bullish

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