Midday update for GBP USD 19/12/2014

Economies.com
2014-12-19 11:25AM UTC

The tight range dominates the GBPUSD pair’s trading since morning, which remain stable below 1.5720 level, therefore, our bearish trend overview will remain valid for the rest of the day as long as the price is below the mentioned level, reminding you with the waited targets that reach mainly to 1.5370.

 

Expected trading range for today is between: 1.5500 support and 1.5720 resistance.

 

Expected trend for today: Bearish

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