GBPUSD keeps its positive stability – Analysis - 09-10-2018

2018-10-09 04:22:17 GMT (Economies.com)
GBPUSD keeps its positive stability – Analysis - 09-10-2018
 

The GBPUSD pair returned to settle above the breached resistance of the minor bearish channel that appears on the chart, to keep yesterday’s suggested intraday bullish trend scenario active, supported by the EMA50 besides stochastic current positivity, waiting to visit 1.3223 level mainly.

 

We should note that breaking 1.3050 will stop the expected rise and put the price under negative pressure that targets testing 1.2963 level as a first main station.

 

Expected trading range for today is between 1.3000 support and 1.3223 resistance.

 

Expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.1305
-0.0092
0.8081%
1.2587
-0.0116
0.9120%
14.564
-0.057
0.386%
51.211
-1.034
1.980%
60.23
-1.17
1.91%
1238.250
-9.790
0.784%
 
 
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