GBPUSD tests the support base – Analysis - 30-10-2018
Economies.com
2018-10-30 04:13AM UTC
The GBPUSD pair trades with slight negativity to test 1.2800 level now, waiting to break this level to confirm extending the bearish wave on the short term basis, as our next target is located at 1.2636.
In general, we will continue to suggest the bearish trend in the upcoming sessions unless breaching 1.2962 level and holding above it, affected by the previously completed double top pattern that appears on the chart.
Expected trading range for today is between 1.2700 support and 1.2880 resistance.
Expected trend for today: Bearish
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