The GBPUSD rises calmly – Analysis - 03-12-2019
Economies.com
2019-12-03 05:46AM UTC
The GBPUSD pair provided positive trading yesterday to move away from the breached resistance of the minor bearish channel, which supports the continuation of our bullish trend expectations in the upcoming period, which gets continuous support from the EMA50, waiting for visiting 1.3045 level as a next main station.
Reminding you that holding above 1.2840 is important for the continuation of the expected rise, where breaking it will push the price to turn to the downside and achieve negative targets that reach to 1.2670.
The expected trading range for today is between 1.2870 support and 1.3020 resistance.
The expected trend for today: Bullish
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