Midday update for the GBPUSD 18-03-2019

Economies.com
2019-03-18 10:45AM UTC

The GBPUSD pair trades negatively now to test the key support 1.3226, which urges caution from the upcoming trades, as the price is affected by stochastic negativity, and breaking the mentioned level will stop the recently suggested positive scenario and press on the price to turn to decline.

 

Until now, we will keep our bullish overview for today conditioned by the stability of the daily close above 1.3226, reminding you that our next target is located at 1.3490.

 

The expected trading range for today is between 1.3200 support and 1.3400 resistance.

 

The expected trend for today: Bullish

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