Midday update for GBPUSD 18-01-2019
Economies.com
2019-01-18 10:39AM UTC
The GBPUSD pair shows negative trading since morning to move below 1.2962, and the price needs to step above the mentioned level to confirm the continuation of the bullish trend in the upcoming period, which targets 1.3070 as a next station, noting that holding below 1.2962 will put the price under negative pressure that targets testing 1.2780 areas initially before any new attempt to rise.
Expected trading range for today is between 1.2900 support and 1.3070 resistance.
Expected trend for today: Bullish
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