The GBPUSD faces solid resistance – Analysis - 11-12-2019
Economies.com
2019-12-11 05:40AM UTC
The GBPUSD pair attempted to surpass 1.3200 barrier, but it bounced lower clearly from there, to test 1.3100 levels, keeping its stability above this level, pointing that the EMA50 keeps providing positive support for the price, to protect the trading without the bullish channel that appears in the image.
Therefore, the main bullish trend scenario will remain valid by holding above 1.3025 level, pointing that our next main target reaches to 1.3380.
The expected trading range for today is between 1.3080 support and 1.3240 resistance.
The expected trend for today: Bullish
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