Midday update for GBPUSD 07-12-2017

Economies.com
2017-12-07 10:31AM UTC

GBPUSD pair settles below 1.3419 level, to keep the correctional bearish trend scenario dominant in the upcoming sessions, reminding you that our next target is located at 1.3295, supported by the EMA50 that pushes negatively on the price, reminding you that breaking the targeted level will push the price to visit 1.3196 level direct.

 

Expected trading range for today is between 1.3295 support and 1.3450 resistance.

 

Expected trend for today: Bearish

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