Midday update for GBPUSD 14-03-2018

Economies.com
2018-03-14 10:59AM UTC

The GBPUSD pair keeps its stability above 1.3910 level, to keep the positive scenario active until now, supported by the EMA50 that carries the price from below, reminding you that we are waiting to head towards 1.4344 that represents our next main target.

 

Holding above 1.3910 is important to continue the expected rise, which breaking it represents negative factor that will force the price to visit 1.3817 before any new positive attempt.

 

Expected trading range for today is between 1.3900 support and 1.4080 resistance.

 

Expected trend for today: Bullish

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