The GBPUSD resumes the positive attempts – Analysis - 19-03-2019

Economies.com
2019-03-19 05:05AM UTC

The GBPUSD pair attempted to break 1.3226 level yesterday but it kept its stability above it, as the EMA50 formed good support base to protect the price from suffering more losses, while stochastic shows positive signals now.

 

Therefore, the bullish trend scenario will remain active for today, as the price begins to provide positive trades now, waiting to visit 1.3490 level as a next main station, while holding above 1.3226 represents key condition to continue the suggested rise.

 

The expected trading range for today is between 1.3200 support and 1.3390 resistance.

 

The expected trend for today: Bullish

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