The GBPUSD heads towards the support – Analysis - 01-03-2019

Economies.com
2019-03-01 05:04AM UTC

The GBPUSD pair provides more negative trades to approach the key support 1.3226, accompanied by stochastic reach to the oversold areas, waiting to motivate the price to resume the expected bullish trend on the short term basis, which targets 1.3490 level as a next main station.

 

Therefore, we will keep our bullish overview for the upcoming period conditioned by the price stability above 1.3226.

 

The expected trading range for today is between 1.3200 support and 1.3360 resistance.

 

The expected trend for today: Bullish

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