GBPUSD hits the first target – Analysis - 23-10-2018
Economies.com
2018-10-23 04:10AM UTC
The GBPUSD pair traded with strong negativity yesterday to succeed touching our first waited target at 1.2962, to keep the negative effect of the double top pattern active, which its full target located at 1.2900.
Therefore, we believe that the chances are valid to break the current levels to keep declining in the upcoming sessions, taking into consideration that the continuation of the bearish bias depends on the price stability below 1.3085.
Expected trading range for today is between 1.2860 support and 1.3020 resistance.
Expected trend for today: Bearish
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