The GBP/USD resumes the decline – Analysis – 17/04/2019

eur_gbp_1The GBPUSD pair resumed its negative trading after testing the resistance that appears in the image, keeping the bearish trend valid in the upcoming period, and the way is open for achieving our main waited target at 1.2962.

The EMA50 continues to support the suggested bearish wave, and its continuation conditioned by holding below 1.13140.

The expected trading range for today is between 1.2962 support and 1.3140 resistance.

The expected trend for today: Bearish

The GBPUSD resumes the decline – Analysis - 17-04-2019

Origin: Economies

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