Forex

Midday update for the GBPUSD 20-03-2019

2019-03-20 10:31:56 GMT (Economies.com)

The GBPUSD pair trades with clear negativity now to attack the key support 1.3226, which urges caution from the upcoming trades, as confirming breaking this level will stop the recently suggested positive scenario and press on the price to turn to decline.

 

Stochastic provides positive signals now to support the chances of resuming the expected bullish trend for the upcoming period, to continue suggesting the bullish trend that targets 1.3490 as a next main station.

 

The expected trading range for today is between 1.3170 support and 1.3350 resistance.

 

The expected trend for today: Bullish

More Analysis

Risk Disclaimer : Enzious Limited would like to remind you that the data provided in this site is not necessarily in real time or accurate. All stock prices, indices, futures and foreign exchange rates are not provided by exchanges but by market makers, so prices may not be accurate, may differ from the price of the actual market, which means that the quotes represent an indication and are not suitable for commercial purposes. Therefore Enzious Limited does not assume any responsibility for any business losses that may be incurred as a result of the use of this data.