Midday update for GBPUSD 28-01-2019

Economies.com
2019-01-28 10:34AM UTC

The GBPUSD pair shows some slight bearish bias, affected by stochastic negativity, and it might test the key support 1.3126 before turning back to rise again.

 

As long as the price is above the mentioned support, our bullish overview will remain valid for the upcoming period, waiting to breach 1.3226 to confirm extending the bullish wave towards 1.3363 that represents our next main target.

 

Expected trading range for today is between 1.3126 support and 1.3300 resistance.

 

Expected trend for today: Bullish

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