The GBPUSD confirms the breach – Analysis - 27-02-2019
Economies.com
2019-02-27 05:20AM UTC
The GBPUSD pair confirmed breaching 1.3226 after closing the daily candlestick above it, which supports the expectations of continuing the bullish trend in the upcoming period, which its next target located at 1.3360.
The EMA50 keeps supporting the price from below, noting that breaking 1.3226 will put the price under correctional bearish pressure that its targets begin by testing 1.3090 and might extend to 1.2962 before any new attempt to rise.
The expected trading range for today is between 1.3170 support and 1.3360 resistance.
The expected trend for today: Bullish
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