GBPUSD tests the resistance – Analysis - 04-01-2019
Economies.com
2019-01-04 04:58AM UTC
The GBPUSD pair tests the key resistance 1.2636 now, and as long as the price closed yesterday below this level, our bearish overview will remain active, which its first target located at 1.2500.
We should note that breaching 1.2636 and holding above it will push the price to achieve positive targets that start at 1.2760 and extend to 1.2962.
Expected trading range for today is between 1.2500 support and 1.2700 resistance.
Expected trend for today: Bearish
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