The GBPAUD still negative – Analysis – 14-7-2020
Economies.com
2020-07-14 05:15AM UTC
The GBPAUD pair provided many negative closings below 1.8250 barrier, to confirm surrendering to the previously suggested bearish bias domination, noticing the beginning of forming bearish waves, expecting to crawl below 1.7960 to reach the negative stations located at 1.7740 and 1.7555.
Stochastic exit from the oversold areas will provide the price with chances to gather the additional negative momentum to agree the stability within the negative track until achieving the suggested targets.
The expected trading range for today is between 1.8120 and 1.7960
The expected trend for today: Bearish
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