GBPUSD declines strongly – Analysis - 03-01-2019

2019-01-03 05:23:41 GMT (Economies.com)
GBPUSD declines strongly – Analysis - 03-01-2019
 

The GBPUSD pair broke 1.2636 level clearly and closed yesterday’s trading below it, starting today with strong decline to record 1.2400 areas, which activates the bearish trend scenario on the intraday and short term basis, which its next targets extend to reach 1.2270 followed by 1.2110 levels.

 

Therefore, the bearish bias will be suggested in the upcoming sessions unless breaching 1.2636 level and holding above it again.

 

Expected trading range for today is between 1.2400 support and 1.2630 resistance.

 

Expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.1297
0.0000
0.0035%
1.3192
-0.0027
0.2069%
15.441
0.007
0.045%
58.379
-0.490
0.833%
67.03
-0.83
1.22%
1314.930
1.695
0.129%
 
 
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