GBPUSD still stuck – Analysis - 24-12-2018
Economies.com
2018-12-24 05:23AM UTC
The GBPUSD pair still stuck between the key levels represented by 1.2636 support and 1.2725 resistance, which keeps our neutrality valid until the price confirms breaching one of the mentioned levels.
We remind you that breaking the support will put the price under the negative pressure to target areas that begin at 1.2500, while breaching the resistance will motivate the price to achieve more gains on the short term basis, as the positive targets begin at 1.2820 and extend to 1.2962.
Expected trading range for today is between 1.2600 support and 1.2750 resistance.
Expected trend for today: Depends on the above mentioned levels
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