GBPUSD attempts to breach – Analysis - 02-01-2019
Economies.com
2019-01-02 04:48AM UTC
The GBPUSD pair attempted to breach 1.2725 level but it returns to fluctuate around it again, which makes us continue with our neutrality until the price confirms breaching this resistance or breaking 1.2636 support, which represent the next trend keys.
We remind you that breaching the mentioned resistance will push the price to achieve positive targets that reach 1.2962 mainly, while breaking the support will press the price to continue the main bearish trend that its next target located at 1.2500.
Expected trading range for today is between 1.2630 support and 1.2830 resistance.
Expected trend for today: Depends on the above mentioned levels
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