GBPUSD keeps its negative stability – Analysis - 14-12-2018
Economies.com
2018-12-14 05:08AM UTC
The GBPUSD pair closed yesterday’s trading at 1.2635, one pip away below the key resistance 1.2636, which keeps our bearish overview valid until now, targeting 1.2500 level initially.
The EMA50 supports the expected decline, while breaching 1.2636 will push the price to start recovery attempts that its targets begin by testing 1.2740 and extend to 1.2962.
Expected trading range for today is between 1.2520 support and 1.2700 resistance.
Expected trend for today: Bearish
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