Midday update for the GBPUSD 12-06-2019

Economies.com
2019-06-12 10:01AM UTC

The GBPUSD pair trades with calm positivity since morning to gradually crawl towards our first waited target at 1.2795, and the price continues to move inside the intraday bullish channel, to keep the bullish trend active in the upcoming sessions conditioned by the price stability above 1.2636, reminding you that surpassing the first target will push the price towards 1.2963 as a next main station.

 

The expected trading range for today is between 1.2630 support and 1.2800 resistance.

 

The expected trend for today: Bullish

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