GBPUSD attempts to breach – Analysis - 17-10-2018
Economies.com
2018-10-17 04:43AM UTC
The GBPUSD pair attempted to breach 1.3226 level yesterday but it could not manage to hold above it, to show some bearish bias and approach the EMA50, noticing that stochastic begins to get rid of its negative momentum now, waiting to get positive momentum that assists to push the price to resume rising.
Therefore, our bullish overview will remain valid for today conditioned by the price stability above 1.3085, reminding you that our next target reaches 1.3300.
Expected trading range for today is between 1.3100 support and 1.3280 resistance.
Expected trend for today: Bullish
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