Forex

Midday update for the GBPUSD 19-07-2019

2019-07-19 10:42:34 GMT (Economies.com)

The GBPUSD pair provides negative trading after approaching the bearish channel’s resistance, and the price is affected by stochastic negativity, reinforcing the expectations of continuing the bearish trend in the upcoming sessions, which targets 1.2300 areas mainly, reminding you that it is important to hold below 1.2580 to continue the expected decline.

 

The expected trading range for today is between 1.2450 support and 1.2620 resistance.

 

The expected trend for today: Overall Bearish

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