Midday update for GBPUSD 14-07-2017

Economies.com
2017-07-14 10:37AM UTC

The GBPUSD pair keeps its stability above 1.2890 level, to keep the positive effect of the bullish flag active, waiting to resume the bullish wave that its next main target located at 1.3100.

 

In general, the expected rise will remain valid unless breaking 1.2890 level, as breaking this level will push the price to visit 1.2720 level before any new attempt to rise.

 

Expected trading range for today is between 1.2860 support and 1.3050 resistance.

 

Expected trend for today: Bullish

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