The GBPUSD resumes the decline – Analysis - 08-03-2019

2019-03-08 05:11:05 GMT (Economies.com)
The GBPUSD resumes the decline – Analysis - 08-03-2019
 

The GBPUSD pair resumed its negative trading strongly yesterday to surpass 1.3100 level and settles below it, which supports the continuation of our bearish overview on the intraday basis, which targets testing 1.2962 level mainly.

 

The EMA50 supports the expected decline, which will remain valid conditioned by the price stability below 1.3226.

 

The expected trading range for today is between 1.3000 support and 1.3150 resistance.

 

 

The expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.1301
-0.0025
0.2212%
1.3208
-0.0088
0.6600%
15.434
0.139
0.909%
58.869
0.486
0.833%
66.90
-0.94
1.39%
1313.235
10.925
0.839%
 
 
Live Forex Updates