GBPUSD achieves strong gains – Analysis - 30-08-2018
Economies.com
2018-08-30 04:20AM UTC
The GBPUSD pair rallied upwards strongly to breach 1.2963 level and settles above it, which stops the recently suggested negative scenario and push the price to achieve more gains in the upcoming period, organized inside an intraday bullish channel that appears on the chart.
Therefore, the bullish bias will be suggested in the upcoming sessions, supported by moving above the EMA50, as our next main target is located at 1.3226, noting that the continuation of the expected rise requires holding above 1.2963.
Expected trading range for today is between 1.2963 support and 1.3130 resistance.
Expected trend for today: Bullish
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