The GBPUSD approaches the first target – Analysis - 21-10-2019
Economies.com
2019-10-21 04:53AM UTC
The GBPUSD pair provided strong positive trading in last Friday to approach from our waited initial target at 1.3000, showing slight bearish bias affected by stochastic negativity, and it might retest the support base that formed above 1.2840 level before resuming the bullish trend.
In general, we keep preferring the bullish trend in the upcoming period, conditioned by holding above the mentioned support, pointing that our next target extend to 1.3180.
The expected trading range for today is between 1.2840 support and 1.3020 resistance.
The expected trend for today: Bullish
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