Midday update for GBPUSD 16-04-2018

Economies.com
2018-04-16 10:04AM UTC

The GBPUSD pair resumes its positive trading to approach our waited target at 1.4344, to keep the bullish trend scenario active in the upcoming period, reminding you that breaching this level will extend the pair’s gains to reach 1.4500, while we will continue to suggest the bullish trend unless breaking 1.4195 level and holding below it.

 

Expected trading range for today is between 1.4190 support and 1.4360 resistance.

 

Expected trend for today: Bullish

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