GBPUSD keeps its negative stability – Analysis - 13-07-2018

Economies.com
2018-07-13 03:49AM UTC

The GBPUSD pair settles below 1.3229 level, to keep the negative pressure valid until now, as the price is affected by the bearish flag that was completed previously, waiting to resume the bearish trend that its main target located at 1.2962.

 

The EMA50 supports the expected decline, which its continuation conditions holding below 1.3229 and 1.3305 levels.

 

Expected trading range for today is between 1.3080 support and 1.3250 resistance.

 

Expected trend for today: Bearish

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