The GBP/USD crawls downwards – Analysis – 13/01/2020

news_22_feb_2_gbp_usdThe GBPUSD pair fluctuates within tight track and settles near 1.3000 barrier, and as long as the price is below 1.3150, our bearish overview will remain valid for the upcoming period, supported by the negative pressure formed by the EMA50, reminding you that our main waited target is located at 1.2920.

The expected trading range for today is between 1.2950 support and 1.3100 resistance.

The expected trend for today: Bearish

Origin: Economies

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