GBPUSD resumes rising – Analysis - 25-01-2019

Economies.com
2019-01-25 05:16AM UTC

The GBPUSD pair begins today’s trading with clear rise after the slight decline that it witnessed yesterday, to resume the expected bullish trend for the upcoming period, and we believe that the way is open to achieve our next waited target at 1.3226.

 

Holding above 1.2962 is important to continue the positive scenario and guarantee not facing negative pressure that turns the intraday and short term trend to decline.

 

Expected trading range for today is between 1.3050 support and 1.3226 resistance.

 

Expected trend for today: Bullish

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