Commodities

GBPUSD continues to fluctuate – Analysis - 27-12-2018

2018-12-27 05:27:44 GMT (Economies.com)

The GBPUSD pair keeps fluctuating between the key levels represented by 1.2636 support and 1.2725 resistance without managing to breach any of them until now, and as we mentioned in our recent reports, the price needs to confirm breaching one of these levels to detect its next targets clearly.

 

Therefore, our neutrality will remain valid until now, and to review the details of the expected targets after the breach, please check our morning report.

 

Expected trading range for today is between 1.2580 support and 1.2725 resistance.

 

Expected trend for today: Depends on the above mentioned levels

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