The GBPUSD resumes rising – Analysis - 09-12-2019
Economies.com
2019-12-09 05:52AM UTC
The GBPUSD pair resumes its positive trading after testing 1.3100 barrier, getting positive overlapping signal through stochastic, which supports the chances of continuing the bullish trend on the intraday and short term basis, reminding you that we are waiting to target 1.3180 followed by 1.3380 levels as next main stations.
The EMA50 supports the suggested bullish wave, which will remain valid unless breaking 1.2990 level and holding below it.
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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