Midday update for GBPUSD 21-02-2018
Economies.com
2018-02-21 11:07AM UTC
The GBPUSD pair resumes its negative trading to approach from our waited initial target at 1.3900, supported by the negative signal that comes from stochastic now, keeping the bearish trend scenario active for today, reminding you that breaking the mentioned level will push the price to head to 1.3796 as a next target, while the expected decline will remain valid conditioned by holding below 1.4005 level.
Expected trading range for today is between 1.3870 support and 1.4050 resistance.
Expected trend for today: Bearish
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