Technical Analysis 15.03.2019

GBPUSD

The pair is trading at the level of 1.3245 in anticipation of the Brexit vote next week on Thursday. It’s likely to remain within this range until then.

The price is above the middle Bollinger band, above SMA 5 and SMA 14. RSI is above the level of 50% and is moving horizontally. Stoch aren’t informative.

Trading recommendations:

If the pair remains below 1.3245, it may continue down to 1.3100.