Midday update for GBPUSD 15-01-2019

Economies.com
2019-01-15 10:54AM UTC

The GBPUSD pair shows some bearish bias on its way towards a potential test to the key support 1.2790, and as long as the price is above this level, our bullish overview will remain valid, which its targets begin by testing 1.2962.

 

We should note that Sterling pairs might witness high volatility today due to the waited Brexit Parliament vote, which urges caution from the upcoming trading.

 

Expected trading range for today is between 1.2800 support and 1.3000 resistance.

 

Expected trend for today: Bullish

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