The GBPUSD achieves slight gains – Analysis - 07-03-2019

2019-03-07 05:08:07 GMT (Economies.com)
The GBPUSD achieves slight gains – Analysis - 07-03-2019
 

The GBPUSD pair shows some slight bullish bias to approach testing 1.3226 level, noticing that stochastic gets the overbought areas, waiting to motivate the price to rebound bearishly to resume the expected bearish trend on the intraday basis, which its next main target located at 1.2962.

 

We should note that breaching 1.3226 will stop the expected decline and lead the price to resume the bullish wave on the short term basis.

 

The expected trading range for today is between 1.3080 support and 1.3240 resistance.

 

The expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.1195
-0.0015
0.1307%
1.2706
-0.0026
0.2081%
14.585
0.020
0.137%
58.318
-0.728
1.232%
68.81
0.15
0.22%
1286.005
1.095
0.085%
 
 
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