GBPUSD continues to decline – Analysis - 13-11-2018

Economies.com
2018-11-13 05:08AM UTC

The GBPUSD pair shows some bullish bias to test 1.2900 barrier, affected by stochastic positivity, but as long as the price is below 1.2962, our bearish overview will remain active, as breaching this level will push the price to start recovery attempts that target 1.3200 areas initially, while our negative targets begin at 1.2800 and extend to 1.2700 after breaking the previous level.

 

Expected trading range for today is between 1.2780 support and 1.2962 resistance.

 

Expected trend for today: Bearish

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