Midday update for GBPUSD 13-07-2017

Economies.com
2017-07-13 10:17AM UTC

The GBPUSD pair succeeded to breach the bullish flag resistance mentioned in our morning report and closed the four hours' candlestick above it, which supports the continuation of the bullish trend overview efficiently for the rest of the day, paving the way to head towards our first main target at 1.3100.

 

Therefore, the bullish bias will remain valid in the upcoming sessions unless breaking 1.2890 level and holding below it.

 

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

 

Expected trend for today: Bullish

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