GBPUSD suffers sharp losses – Analysis - 24-09-2018
Economies.com
2018-09-24 04:23AM UTC
The GBPUSD pair provided strong negative trades on last Friday after breaking 1.3226 level, to surpass our first negative target at 1.3120 and settles below it, paving the way for more decline in the upcoming period, targeting visiting 1.2963 as a next main station.
Therefore, the bearish bias will remain suggested on the intraday basis, noting that breaching 1.3120 will provide initial positive motive that will push the price to test 1.3226 level as a first positive target.
Expected trading range for today is between 1.2960 support and 1.3150 resistance.
Expected trend for today: Bearish
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