Midday update for the GBPUSD 28-03-2019

Economies.com
2019-03-28 10:21AM UTC

The GBPUSD pair trades with clear negativity to reach our first waited target at 1.3100, to keep the bearish trend valid and active for the rest of the day, supported by moving below the EMA50, reminding you that our extended target reaches 1.2962, while holding below 1.3226 represents key condition to continue the suggested decline.

 

The expected trading range for today is between 1.3100 support and 1.3240 resistance.

 

The expected trend for today: Bearish

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