The GBPUSD crawls downwards – Analysis - 18-04-2019

Economies.com
2019-04-18 03:44AM UTC

The GBPUSD pair continues to decline calmly and moves near 1.3000 barrier, thus, our bearish overview will remain valid as it is for the upcoming period, reminding you that we are waiting to test 1.2962 level as a next main station.

 

The EMA50 supports the suggested bearish wave, which its continuation conditions holding below 1.3090 and the most important below 1.3155 levels.

 

The expected trading range for today is between 1.2950 support and 1.3100 resistance.

 

The expected trend for today: Bearish

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