GBPUSD keeps its positive stability – Analysis - 12-09-2018
Economies.com
2018-09-12 04:17AM UTC
The GBPUSD pair settles above 1.2963 level, which keeps the bullish trend scenario active until now, supported by the EMA50 that carries the price from below, besides the positive overlapping signal provided now by stochastic.
Our main waited target is located at 1.3226, noting that breaking 1.2963 will put the price under the negative pressure again, to start the negative targets at 1.2825.
Expected trading range for today is between 1.2963 support and 1.3120 resistance.
Expected trend for today: Bullish
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