Midday update for the GBPUSD 24-04-2019
Economies.com
2019-04-24 09:43AM UTC
The GBPUSD pair shows new negative trades in attempt to move away from 1.2962 level, reinforcing the expectations of continuing the bearish trend in the upcoming period, and the EMA50 keeps supporting the expected bearish wave, which targets 1.2800 level as a next target, while its continuation conditions holding below 1.2962 and 1.3005 levels.
The expected trading range for today is between 1.2850 support and 1.3000 resistance.
The expected trend for today: Bearish
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