Midday update for the GBPUSD 03-04-2019
Economies.com
2019-04-03 09:58AM UTC
The GBPUSD pair continues to rise to move away from the EMA50, on its way to test 1.3226 that represents our main waited target for today, noting that it is important to monitor the price behavior when reaching this level, as breaching this level will extend the bullish wave to reach 1.3300 as a next main station, while breaking 1.3115 will stop the current rise and press on the price to decline again.
The expected trading range for today is between 1.3045 support and 1.3226 resistance.
The expected trend for today: Bullish temporarily
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