Midday update for GBPUSD 03-09-2018
Economies.com
2018-09-03 09:59AM UTC
The GBPUSD pair provides more negative trades to press on the intraday bullish channel’s support line and moves below it, which urges caution from the upcoming trading, as holding below 1.2905 will push the price to witness more decline in the upcoming period and return to the main bearish channel again, while the price needs to breach 1.2963 to confirm regaining the bullish trend that its first target located at 1.3090.
Expected trading range for today is between 1.2850 support and 1.3030 resistance.
Expected trend for today: Bullish
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