Midday update for GBP USD 28/07/2015
Economies.com
2015-07-28 10:32AM UTC
The GBPUSD pair trades positively since morning to approach from our first waited target now at 1.5645, supported by the EMA50 that forms positive factor now, reminding you that breaching the mentioned level will lead the price to head towards 1.5750 as a next main station.
Therefore, we will keep the expectations of witnessing more rise in the upcoming period unless breaking 1.5470 level and holding below it.
Expected trading range for today is between 1.5470 support and 1.5700 resistance.
Expected trend for today: Bullish
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