Midday update for GBPUSD 28-04-2017
Economies.com
2017-04-28 10:59AM UTC
The GBPUSD pair resumes its positive trading to move away from 1.2890 level, to reinforce the expectations of continuing the bullish trend on the intraday and short term basis, and the way is open to target 1.3100 level that represents the next main station.
Therefore, we will continue to suggest the bullish trend for today unless breaking 1.2890 level and holding below it, noting that the EMA50 keeps supporting the suggested bullish wave.
Expected trading range for today is between 1.2840 support and 1.3020 resistance.
Expected trend for today: Bullish
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