GBPUSD tests the support – Analysis - 10-12-2018
Economies.com
2018-12-10 05:35AM UTC
The GBPUSD pair tested the key support 1.2730 and keeps its stability above it until now, which keeps the bullish trend scenario valid until now, supported by stochastic positivity, waiting to head towards 1.2962 that represents our next main target.
We should note that breaking 1.2730 will push the price to test 1.2636 level that represents the most important level to detect the next track on the short term and medium term basis.
Expected trading range for today is between 1.2670 support and 1.2850 resistance.
Expected trend for today: Bullish
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