GBPUSD rallies towards the target – Analysis - 15-01-2019
Economies.com
2019-01-15 04:49AM UTC
The GBPUSD pair traded with strong positivity yesterday to reach the thresholds of the main waited target at 1.2962, noticing that the price breaches key resistance that appears on the chart, which hints the price head to achieve more gains in the upcoming period, as breaching the mentioned level represents the key to extend the bullish wave towards 1.3070 as a next station.
Therefore, the bullish trend will remain expected for the upcoming period conditioned by the price stability above 1.2790.
Expected trading range for today is between 1.2800 support and 1.3000 resistance.
Expected trend for today: Bullish
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