Midday update for GBPUSD 10-10-2018
Economies.com
2018-10-10 09:56AM UTC
The GBPUSD pair approached 1.3200 barrier and shows some bearish bias now, affected by stochastic negativity, and it needs to get enough positive momentum to push trading to continue rising for the rest of the day, as our next target is located at 1.3223, reminding you that breaching it will extend the bullish wave towards 1.3300.
In general, we will keep our bullish trend expectations unless breaking 1.3050 level and holding below it.
Expected trading range for today is between 1.3070 support and 1.3260 resistance.
Expected trend for today: Bullish
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