Midday update for GBPUSD 25-04-2017
Economies.com
2017-04-25 11:45AM UTC
The GBPUSD pair managed to breach the minor resistance that appears on the above chart and close the last four hours' candlestick above it, which supports the continuation of the bullish trend scenario efficiently for the upcoming period, waiting to test 1.2890 level as a first main station, reminding you that breaching this level will push the price towards .3100 as a next main station.
Therefore, we are waiting for more rise for the rest of the day conditioned by the price stability above 1.2720.
Expected trading range for today is between 1.2700 support and 1.2900 resistance.
Expected trend for today: Bullish
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