The GBP/USD is stable – Analysis – 17/02/2020

usd_gbp_news_2The GBPUSD pair continues to fluctuate within tight track, keeping its stability above the EMA50, thus, our bullish overview will remain valid for the upcoming period, which targets 1.3150 level initially.

Note that breaking 1.3000 will press on the price to test 1.2920 level again before any new attempt to rise.

The expected trading range for today is between 1.2975 support and 1.3150 resistance.

The expected trend for today: Bullish

Origin: Economies

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