The GBPUSD keeps its negative stability – Analysis - 14-08-2019

Economies.com
2019-08-14 05:10AM UTC

The GBPUSD pair shows slight negative trades in attempt to move away from 1.2080, thus, our bearish overview will remain valid as it is without any change, supported by the negative pressure formed by the EMA50, waiting to visit 1.1930 level that represents our next main target, noting that breaching 1.2080 will push the price to achieve intraday gains that start at 1.2150 before any new attempt to decline.

 

The expected trading range for today is between 1.1960 support and 1.2130 resistance.

 

The expected trend for today: Bearish

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