Midday update for GBPUSD 19-10-2018
Economies.com
2018-10-19 10:18AM UTC
The GBPUSD pair fluctuates near 1.3000 barrier, waiting for more decline affected by the previously completed double top pattern, as our next targets located at 1.2962 followed by 1.2900, and the EMA50 forms negative pressure to support the suggested negative scenario, which its continuation conditions holding below 1.3100.
Expected trading range for today is between 1.2900 support and 1.3100 resistance.
Expected trend for today: Bearish
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