Midday update for GBPUSD 04-10-2018

2018-10-04 09:53:17 GMT (Economies.com)
Midday update for GBPUSD 04-10-2018
 

The GBPUSD pair retests 1.2963 level that was broken previously, affected by stochastic positivity, and the price needs to hold below this level to keep the bearish trend scenario active for today, supported by the negative pressure formed by the EMA50, reminding you that our next main target reaches 1.2800.

 

Expected trading range for today is between 1.2820 support and 1.3000 resistance.

 

Expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.1305
-0.0092
0.8081%
1.2587
-0.0116
0.9120%
14.564
-0.057
0.386%
51.211
-1.034
1.980%
60.23
-1.17
1.91%
1238.250
-9.790
0.784%
 
 
Live Forex Updates