Midday update for GBPUSD 04-01-2019
Economies.com
2019-01-04 10:35AM UTC
The GBPUSD pair shows positive trades since morning to move above 1.2636, which urges caution from the upcoming trading, as confirming breaching this level will lead the price to stop the expected negative scenario for today, while the price needs to trade below the mentioned level to confirm targeting 1.2500 that represents our first main station.
Expected trading range for today is between 1.2500 support and 1.2700 resistance.
Expected trend for today: Bearish
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