Midday update for the GBPUSD 17-06-2019
Economies.com
2019-06-17 09:34AM UTC
The GBPUSD pair provides more negative attempts on its way to visit 1.2500 level that represents our next main target, to continue suggesting the bearish trend that depends on the price stability below 1.2636, supported by the negative pressure provided by the EMA50, noting that surpassing the targeted level will extend the bearish wave to reach 1.2400 as a next station.
The expected trading range for today is between 1.2500 support and 1.2660 resistance.
The expected trend for today: Bearish
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