GBPUSD reaches the target – Analysis - 28-01-2019
Economies.com
2019-01-28 05:08AM UTC
The GBPUSD pair succeeded to reach our main waited target at 1.3226 and settles near it, and the way seems open to achieve more rise in the upcoming period supported by the EMA50, noting that breaching the mentioned level will extend the bullish wave to reach 1.3363 as a next main station.
Therefore, we will keep our bullish overview, taking into consideration that breaking 1.3126 will press on the price to decline towards 1.3024 areas and might extend to 1.2962 before any new attempt to rise.
Expected trading range for today is between 1.3126 support and 1.3300 resistance.
Expected trend for today: Bullish
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