Midday update for the GBPUSD 31-03-2020
Economies.com
2020-03-31 10:38AM UTC
The GBPUSD pair made new test to 1.2304 level and keeps its stability above it until now, which keeps the bullish trend scenario valid and active for the upcoming period, noting that stochastic approaches providing positive overlapping signal that supports the expectations to rise, which target testing 1.2515 initially, reminding you that it is important to hold above 1.2304 to continue the bullish trend.
The expected trading range for today is between 1.2250 support and 1.2460 resistance.
The expected trend for today: Bullish
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