The GBPUSD within tight track – Analysis - 14-06-2019

Economies.com
2019-06-14 04:44AM UTC

The GBPUSD pair fluctuates within tight track since yesterday and settles below the EMA50, but as long as the price is above 1.2636, our bullish overview will remain active, and the price needs to breach 1.2700 level to ease the mission of heading towards 1.2795 that represents our first main target.

 

We should note that breaking 1.2636 will put the price under negative pressure that its targets begin at 1.2560.

 

The expected trading range for today is between 1.2600 support and 1.2770 resistance.

 

The expected trend for today: Bullish

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