Midday update for GBPUSD 17-08-2018

Economies.com
2018-08-17 11:01AM UTC

The GBPUSD pair continues to fluctuate within sideways track and settles below 1.2780 level, to keep our bearish overview for today, as the price keeps moving inside the bearish channel that appears on the chart, reminding you that our next target is located at 1.2636, which breaking it represents the key to rally towards 1.2500 as a next target.

 

Expected trading range for today is between 1.2600 support and 1.2800 resistance.

 

Expected trend for today: Bearish

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