Midday update for GBPUSD 01-02-2019

Economies.com
2019-02-01 10:38AM UTC

The GBPUSD pair returns to decline after the bullish bias and testing 1.3125, and as we mentioned in our morning report, holding below this level keeps the bearish trend scenario active for today, supported by stochastic current negativity, waiting to visit 1.3000 followed by 1.2962 levels mainly.

 

Expected trading range for today is between 1.3000 support and 1.3190 resistance.

 

Expected trend for today: Bearish

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