Midday update for GBPUSD 12-07-2018

Economies.com
2018-07-12 09:05AM UTC

The GBPUSD pair tests 1.3229 level now and still below it, as the EMA50 meets this level to add more strength to it.

 

Therefore, we will keep our bearish overview for today conditioned by the price stability below 1.3229 and 1.3295 levels, reminding you that our main expected target is located at 1.2962.

 

Expected trading range for today is between 1.3100 support and 1.3295 resistance.

 

Expected trend for today: Bearish

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