GBPUSD attempts positively – Analysis - 14-05-2018

Economies.com
2018-05-14 02:57AM UTC

The GBPUSD pair provides calm positive trading by today’s opening, to support the chances of continuing the expected bullish trend for the upcoming period, supported by stochastic positivity, waiting to target 1.3710 followed by 1.3817 levels as next stations.

 

Holding above 1.3490 is important to continue the expected rise, as breaking it will push the price for more bearish correction that its next target reaches 1.3226 before any new attempt to rise.

 

Expected trading range for today is between 1.3500 support and 1.3660 resistance.

 

Expected trend for today: Bullish

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