The GBPAUD keeps rising – Analysis – 28-1-2020
Economies.com
2020-01-28 08:00AM UTC
The GBPAUD keeps rising by forming a bullish trading affected by the positive pressures that caused by the stability within the bullish channel’s levels, besides providing a new positive momentum by stochastic reach to the overbought level, to settle near 1.9310 level.
the stability of the initial support at 1.9045 is important to increase the chance for renewing the bullish attempts, to target 1.9509 level and surpassing this barrier might extend the trading towards the main resistance at 1.9850 in the upcoming period.
The expected trading range for today is between 1.9260 and 1.9509
The expected trend for today: Bullish
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