The GBPUSD breaches the resistance – Analysis - 14-03-2019

2019-03-14 05:28:26 GMT (Economies.com)
The GBPUSD breaches the resistance – Analysis - 14-03-2019
 

The GBPUSD pair rallied upwards strongly yesterday to breach 1.3226 level and settles above it, which activates the bullish trend scenario in the upcoming sessions, paving the way to head towards 1.3490 level as a next main station.

 

Therefore, the bullish trend will be expected for today, noticing that the price approaches testing 1.3226 level now, affected by stochastic negativity, taking into consideration that breaking this level will stop the positive overview and press on the price to decline again.

 

The expected trading range for today is between 1.3200 support and 1.3370 resistance.

 

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.1301
-0.0025
0.2212%
1.3208
-0.0088
0.6600%
15.434
0.139
0.909%
58.869
0.486
0.833%
66.90
-0.94
1.39%
1313.235
10.925
0.839%
 
 
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