Midday update for GBPUSD 13-08-2018
Economies.com
2018-08-13 10:00AM UTC
The GBPUSD pair still stable below the bearish channel’s support line, and stochastic keeps losing the positive momentum, and as long as the price is below 1.2825, our bearish overview will remain active for the upcoming period, as the price is organized inside the bearish channel that appears on the chart, reminding you that we are waiting to visit 1.2636 as a next main station.
Expected trading range for today is between 1.2636 support and 1.2825 resistance.
Expected trend for today: Bearish
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