GBPUSD breaches the resistance – Analysis - 14-11-2018

Economies.com
2018-11-14 05:02AM UTC

The GBPUSD pair rallied upwards to breach 1.2962 level and settles above it, which opens the way to achieve more potential gains in the upcoming sessions, especially that the price moves above the EMA50, waiting to head towards 1.3226 as a next positive station.

 

Therefore, the bullish bias will be expected for today unless breaking 1.2962 level and holding below it again.

 

Expected trading range for today is between 1.2900 support and 1.3100 resistance.

 

Expected trend for today: Bullish

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