Midday update for GBPUSD 22-01-2019

Economies.com
2019-01-22 10:33AM UTC

The GBPUSD pair shows positive trading now to approach testing the key resistance 1.2962, and as long as the price is below this level, our bearish overview will remain valid for today, which targets testing 1.2755 level initially, noting that breaching the mentioned resistance will lead the price to start recovery attempts and visit 1.3070 level as a first positive station.

 

Expected trading range for today is between 1.2760 support and 1.2940 resistance.

 

Expected trend for today: Bearish

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