The GBP/USD gets a positive signal – Analysis – 03/05/2019

gbp_news_cmc_forex_1The GBPUSD pair showed some slight bearish bias yesterday, noticing that stochastic begins to provide positive overlapping signal now, which forms positive motive that we are waiting to assist to push the price to rise in the upcoming sessions, as we expect visiting 1.3100 followed by 1.3226 levels as next main stations.

Therefore, the bullish trend will remain suggested on the intraday and short term basis conditioned by the price stability above 1.2962.

The expected trading range for today is between 1.2960 support and 1.3140 resistance.

The expected trend for today: Bullish

The GBPUSD gets a positive signal – Analysis - 03-05-2019

Origin: Economies

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