GBPUSD gathers the positive momentum – Analysis - 31-08-2018
Economies.com
2018-08-31 03:34AM UTC
The GBPUSD pair approached the key support base 1.2963 and shows sideways trading now, noticing that stochastic gets rid of its negativity clearly to approach the oversold areas, which forms positive factor that we are waiting to push the price to resume the bullish trend, which its next main target located at 1.3226.
Therefore, we will continue to suggest the bullish trend in the upcoming sessions unless breaking 1.2963 level and holding below it.
Expected trading range for today is between 1.2950 support and 1.3120 resistance.
Expected trend for today: Bullish
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