Midday update for GBPUSD 16-10-2018
Economies.com
2018-10-16 09:39AM UTC
The GBPUSD pair resumes its positive trading clearly to reach our first waited target at 1.3226, which supports the continuation of our bullish overview for today, noting that the EMA50 carries the price from below, reinforcing the chances of breaching the mentioned level to head towards 1.3300 as a next station.
Expected trading range for today is between 1.3065 support and 1.3240 resistance.
Expected trend for today: Bullish
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