Forex

Midday update for the GBPUSD 14-01-2020

2020-01-14 11:03:06 GMT (Economies.com)

The GBPUSD pair provides new negative trades to approach 1.2920 level, while stochastic loses its positive momentum to hint the possibility of facing more negative pressure in the upcoming period, to continue suggesting the bearish trend in the upcoming sessions unless breaching 1.3150 level, reminding you that breaking 1.2920 will push the price to 1.2736 as a next correctional target.

 

The expected trading range for today is between 1.2900 support and 1.3060 resistance.

 

The expected trend for today: Bearish

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