GBPUSD is stable – Analysis - 20-07-2017

Economies.com
2017-07-20 03:01AM UTC

The GBPUSD pair continues to fluctuate around 1.3030 level, and stochastic still positive, while the EMA50 keeps providing the positive support to the price.

 

Therefore, our bullish overview still valid and active, waiting to breach 1.3100 level to open the way to head towards our next main target at 1.3445, noting that failing to rise from the current areas will push the price to test 1.2890 areas before any new attempt to rise.

 

Expected trading range for today is between 1.2960 support and 1.3150 resistance.

 

Expected trend for today: Bullish

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