GBPUSD gets a negative signal – Analysis - 07-09-2018

Economies.com
2018-09-07 03:37AM UTC

The GBPUSD pair keeps its stability below 1.2963, which keeps the bearish trend scenario active until now, supported by the negative signal provided by stochastic, and the price needs to break 1.2900 level to ease the mission of heading towards our negative targets that start at 1.2785 and extend to 1.2636.

 

Therefore, we are waiting for negative trading in the upcoming sessions conditioned by the price stability below 1.2963.

 

Expected trading range for today is between 1.2820 support and 1.3000 resistance.

 

Expected trend for today: Bearish

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