The GBPUSD is stable – Analysis - 21-05-2019
Economies.com
2019-05-21 00:45AM UTC
The GBPUSD pair tested the broken support of the bearish channel’s resistance that appears on the chart and rebounds bearishly from there, to keep the bearish trend active in the upcoming sessions, which targets 1.2636 level as a next main station.
The EMA50 supports the suggested bearish wave, which its continuation conditions holding below 1.2830.
The expected trading range for today is between 1.2636 support and 1.2800 resistance.
The expected trend for today: Bearish
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