Midday update for the GBPUSD 16-04-2019
Economies.com
2019-04-16 09:45AM UTC
The GBPUSD pair settles around 1.3100 level, and as long as the price is below 1.3135, our bearish overview will remain active for today, supported by the negative pressure formed by the EMA50 besides the negative signal provided by stochastic, reminding you that we are waiting to head towards 1.2962 as a next main target.
The expected trading range for today is between 1.3000 support and 1.3160 resistance.
The expected trend for today: Bearish
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