Midday update for GBPUSD 10-12-2018

Economies.com
2018-12-10 10:50AM UTC

The GBPUSD pair presses negatively on the key support 1.2730 to move below it now, which urges caution from the upcoming trading, as holding below it will stop the recently suggested positive scenario and press the price to visit 1.2636 level initially.

 

Until now, we will keep our bullish overview conditioned by stepping above 1.2730 level again, reminding you that our main waited target is located at 1.2962.

 

Expected trading range for today is between 1.2670 support and 1.2850 resistance.

 

Expected trend for today: Bullish

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