Forex

Midday update for the GBPUSD 15-08-2019

2019-08-15 09:20:06 GMT (Economies.com)

The GBPUSD pair makes attempts to breach 1.2080 level, which requires being aware from the upcoming trading, noticing that the EMA50 keeps pushing negatively on the price, keeping our bearish trend expectations that target 1.1930 level as a next main station, being aware that confirming breaching 1.2080 will push the price to visit 1.21040 level initially before any new attempt to decline.

 

The expected trading range for today is between 1.1960 support and 1.2130 resistance.

 

The expected trend for today: Bearish

 

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