GBPUSD faces solid resistance – Analysis - 29-01-2019
Economies.com
2019-01-29 05:22AM UTC
The GBPUSD pair found solid resistance at 1.3226, which forced the price to provide negative trades to settle around 1.3150 now, and as we mentioned yesterday, the price needs to hold above 1.3126 to keep the bullish trend scenario active for the upcoming period, waiting to breach the mentioned resistance to confirm extending the bullish wave towards 1.3363 as a next station.
We should note that breaking 1.3126 will press on the price to test 1.2962 areas mainly before any new attempt to rise.
Expected trading range for today is between 1.3080 support and 1.3250 resistance.
Expected trend for today: Bullish
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