GBPUSD needs the positive momentum – Analysis - 17-01-2019

Economies.com
2019-01-17 05:12AM UTC

The GBPUSD pair settles around 1.2870 level since yesterday, and as long as the price is above 1.2790, our bullish overview will remain active, supported by the EMA50 that carries the price from below, and the price needs to get enough positive momentum to push trades towards our main waited target at 1.2962.

 

Expected trading range for today is between 1.2790 support and 1.2960 resistance.

 

Expected trend for today: Bullish

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