Midday update for the GBPUSD 01-04-2019
Economies.com
2019-04-01 10:05AM UTC
The GBPUSD pair provided clear positive trades to approach the key resistance 1.3120, accompanied by stochastic losing the positive momentum and approaching the overbought areas, waiting to motivate the price to resume the bearish trend that targets testing 1.2962 level initially.
We remind you that breaking the mentioned level will press on the price to head towards 1.2785 as a next main station, while breaching 1.3120 will push the price to visit 1.3226 initially before any new negative attempt.
The expected trading range for today is between 1.2930 support and 1.3100 resistance.
The expected trend for today: Bearish
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