03.12.2018
The price fluctuated in a sideways path as the pair rallied 0.50% as it opened at 1.2763, recording the highest of 1.2783 and the lowest at 1.2728.
The GBP / USD pair has been hit by the pivotal support test, which is now rising to 1.2730 and rebounding from there, keeping the bullish scenario intact so far, supported by Stochastic positive, awaiting a key test of 1.2963.
Keep in mind that a break of 1.2730 will press the price to test the 1.2636 level tentatively before deciding the next destination more precisely.
The trading range for today is expected among 1.2700 support and 1.2880 support.
Support and resistance:
Support: 1.2773-1.2725-1.2636;
Resistance: 1.2843-1.2894-1.2963.
The general trend for today is bullish.
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