Midday update for GBPUSD 20-03-2017
Economies.com
2017-03-20 11:23AM UTC
The GBPUSD pair resumes its positive trading to breach 1.2400 level and attempts to build a support base above it, which supports the continuation of our bullish trend expectations efficiently in the upcoming period, getting continuous support from the EMA50.
Our next main target located at 1.2550, reminding you that breaking 1.2339 level will stop the suggested rise and pushes the price to decline.
Expected trading range for today is between 1.2300 support and 1.2500 resistance.
Expected trend for today: Bullish
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