GBPUSD succeeds to breach – Analysis - 26-04-2017
Economies.com
2017-04-26 04:51AM UTC
The GBPUSD pair succeeded to confirm breaching the minor resistance after closing the daily candlestick above it, which reinforces the expectations for more of the upside moves on the intraday and short term basis, where the price approaches from the waited target at 1.2890, as breaching it represents the rally key towards 1.3100 as a next main target.
The EMA50 provides continuous positive support for the suggested bullish wave, reminding you that holding above 1.2720 represents an important condition for achieving the suggested targets.
Expected trading range for today is between 1.2750 support and 1.2950 resistance.
Expected trend for today: Bullish
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