GBPUSD resumes rising – Analysis - 14-01-2019

Economies.com
2019-01-14 04:58AM UTC

The GBPUSD pair traded with clear positivity on last Friday to surpass 1.2800 and settles above it, which supports the continuation of our bullish overview in the upcoming period, and the way is open to achieve our waited target at 1.2962.

 

Holding above 1.2735 is important to continue the suggested rise, as breaking it will push the price to test 1.2636 level initially before any new attempt to rise.

 

Expected trading range for today is between 1.2755 support and 1.2960 resistance.

 

Expected trend for today: Bullish

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