Midday update for GBPUSD 28-06-2017

Economies.com
2017-06-28 10:56AM UTC

The GBPUSD pair settles above 1.2800 barrier, waiting to get positive motive that assists to push the price to touch our first target at 1.2890, to keep the bullish trend expected for today, supported by the EMA50 that carries the price from below.

 

We remind you that the targeted level will push the price towards 1.3100 direct, while the expected rise will remain valid conditioned by holding above 1.2720.

 

Expected trading range for today is between 1.2720 support and 1.2950 resistance.

 

Expected trend for today: Bullish

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