Midday update for GBPUSD 17-12-2018

Economies.com
2018-12-17 10:28AM UTC

The GBPUSD pair shows some bullish bias to approach testing 1.2636, and as we mentioned in our recent reports, the price needs to hold below this level to keep the bearish trend valid for today, reminding you that our main waited targets begin at 1.2500 and extend to 1.2350 after breaking the previous level.

 

Expected trading range for today is between 1.2480 support and 1.2650 resistance.

 

Expected trend for today: Bearish

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