GBPUSD touches the target – Analysis - 17-04-2018

Economies.com
2018-04-17 03:39AM UTC

The GBPUSD pair succeeded to touch our main waited target at 1.4344 and settles there, getting continuous positive support by the EMA50, reinforcing the chances of extending the bullish wave to reach our next target at 1.4500.

 

Therefore, we will keep our bullish overview on the intraday and short term basis conditioned by the price stability above 1.4195.

 

Expected trading range for today is between 1.4260 support and 1.4450 resistance.

 

Expected trend for today: Bullish

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