GBPUSD tests the resistance – Analysis - 06-09-2018
Economies.com
2018-09-06 04:21AM UTC
The GBPUSD pair provided strong positive trades yesterday to test the key resistance 1.2963, as it kept its stability below it, to keep the chances valid to resume the expected bearish trend on the intraday and short term basis, which depends on holding below the mentioned level, noting that our first target is located at 1.2750.
We should note that breaching 1.2963 and holding above it will push the price to achieve gains that start at 1.3040 and extend to 1.3226.
Expected trading range for today is between 1.2820 support and 1.3000 resistance.
Expected trend for today: Bearish
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