GBPUSD loses momentum – Analysis - 09-01-2019

2019-01-09 05:16:17 GMT (Economies.com)
GBPUSD loses momentum – Analysis - 09-01-2019
 

The GBPUSD pair approached 1.2700 barrier and returns to rise now, to keep the bullish trend scenario valid without any change for the upcoming period, depending on the price stability above 1.2636, reminding you that our main waited target is located at 1.2962.

 

We should note that breaking 1.2636 will press the price to resume the bearish trend on the short term and medium term basis.

 

Expected trading range for today is between 1.2680 support and 1.2840 resistance.

 

Expected trend for today: Bullish

 
 
  Symbol Last Change Chg.%
1.1364
-0.0099
0.8667%
1.2874
0.0017
0.1357%
15.340
-0.258
1.651%
53.837
2.217
4.296%
62.70
1.52
2.48%
1281.360
-6.400
0.497%
 
 
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