Forex

Midday update for the GBPUSD 17-07-2019

2019-07-17 09:27:30 GMT (Economies.com)

The GBPUSD pair keeps its stability below 1.2476, which keeps the negative pressure valid for the upcoming period, supported by the negative signal provided by stochastic, besides the negative pressure formed by the EMA50, reminding you that our next main target is located at 1.2300.

 

The expected trading range for today is between 1.2330 support and 1.2475 resistance.

 

The expected trend for today: Bearish

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