GBPUSD attempts positively – Analysis - 09-01-2018
Economies.com
2018-01-09 04:55AM UTC
The GBPUSD pair kept its stability above the main bullish channel's support after the negative pressure that it witnessed yesterday, to keep the bullish trend scenario valid for the upcoming period, supported by the EMA50 that keeps carrying the price from below, besides the positive signals provided now by stochastic.
Our first target is represented by breaching 1.3618 to confirm opening the way to head towards 1.3800 as a next station, while holding above 1.3545 represents initial condition to continue the suggested rise.
Expected trading range for today is between 1.3500 support and 1.3680 resistance.
Expected trend for today: Bullish
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