Midday update for GBPUSD 06-12-2018

2018-12-06 10:39:23 GMT (Economies.com)
Midday update for GBPUSD 06-12-2018
 

The GBPUSD pair continues to fluctuate around 1.2730 resistance, and we still waiting to confirm breaching this resistance or breaking 1.2636 support to detect the next destination clearly, which keeps our neutrality valid until now, noting that the contradiction between stochastic positivity and the EMA50 negativity provides another reason for neutrality.

 

The details of the expected targets after the breach are explained in our morning report.

 

Expected trading range for today is between 1.2620 support and 1.2820 resistance.

 

Expected trend for today: Neutral

 
 
 
  Symbol Last Change Chg.%
1.1303
-0.0094
0.8265%
1.2575
-0.0128
1.0096%
14.620
-0.001
0.003%
51.163
-1.083
2.072%
60.16
-1.26
2.05%
1240.065
-7.975
0.639%
 
 
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