Midday update for GBPUSD 07-09-2018

Economies.com
2018-09-07 10:34AM UTC

The GBPUSD pair attempts to breach 1.2963 level now, which urges caution from the upcoming trading, and as long as the price is below this level, our bearish overview will remain valid for today, which its targets begin by testing 1.2785 level, noting that confirming breaching 1.2963 will lead the price to start recovery attempts that target 1.3100 followed by 1.3226 areas on the near term basis.

 

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

 

Expected trend for today: Bearish

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