Midday update for GBPUSD 23-03-2017
Economies.com
2017-03-23 11:18AM UTC
The GBPUSD pair resumes its positive trading to approach from our waited target at 1.2550, which supports the continuation of our bullish trend expectations efficiently in the upcoming period, pointing that breaching this level will push the price to head to 1.2720 directly.
In general, we will keep our bullish trend expectations in the upcoming sessions unless breaking 1.2339 level and holding below it, pointing that the EMA50 keeps providing support for the suggested bullish wave.
Expected trading range for today is between 1.2400 support and 1.2600 resistance.
Expected trend for today: Bullish
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