Midday update for GBPUSD 17-05-2017
Economies.com
2017-05-17 10:11AM UTC
The GBPUSD pair provides calm positive trading since morning to move away gradually from 1.2890 level, which supports the continuation of our bullish overview in the upcoming period, supported by the EMA50 and stochastic, reminding you that our main waited target is located at 1.3100.
Holding above 1.2890 is important to continue the suggested rise, as breaking it will push the price to head towards 1.2720 direct.
Expected trading range for today is between 1.2860 support and 1.3020 resistance.
Expected trend for today: Bullish
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