The GBP/USD continues to fluctuate – Analysis – 05/07/2019

gbp_cfdThe GBPUSD pair shows more fluctuation around 1.2565 level, waiting to confirm the break to open the way to achieve our next target that reaches 1.2476, to keep our bearish overview for the upcoming period conditioned by the price stability below 1.2685, as breaching this level will push the price to test the most important resistance at 1.2760 before any new attempt to decline.

The expected trading range for today is between 1.2500 support and 1.2650 resistance.

The expected trend for today: Bearish

The GBPUSD continues to fluctuate – Analysis - 05-07-2019

Origin: Economies

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