GBPUSD below the moving average – Analysis - 25-09-2018
Economies.com
2018-09-25 03:52AM UTC
The GBPUSD pair keeps its stability below the EMA50, to keep the negative pressure valid until now, supported by the negative overlapping signal provided now by stochastic, waiting to resume the bearish bias that targets visiting 1.2963 level mainly.
We remind you that breaching 1.3120 will lead the price to test the most important resistance to the short term trading at 1.3226 before detecting the next destination clearly.
Expected trading range for today is between 1.3000 support and 1.3200 resistance.
Expected trend for today: Bearish
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