GBPUSD achieves strong gains – Analysis - 20-03-2018

Economies.com
2018-03-20 04:29AM UTC

The GBPUSD pair traded with strong positivity yesterday to settle above 1.4000 barrier, which reinforces the expectations of continuing the bullish trend on the intraday and short term basis, which gets continuous support by the EMA50.

 

Therefore, we believe that the way is open to head towards our next main target at 1.4344, noting that holding above 1.3925 is important to continue the suggested rise.

 

Expected trading range for today is between 1.3960 support and 1.4140 resistance.

 

Expected trend for today: Bullish

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