Midday update for GBPUSD 22-09-2017
Economies.com
2017-09-22 10:40AM UTC
The GBPUSD pair is showing initial test to 1.3595 level in attempt to breach it, and as we mentioned this morning, breaching this level will motivate the price to achieve more rise and resume the bullish trend on the short term basis.
In general, we will keep our bullish overview for today supported by the EMA50, reminding you that holding above 1.3418 represents the most important condition to achieve positive targets that start at 1.3680 and extend to 1.3834.
Expected trading range for today is between 1.3500 support and 1.3680 resistance.
Expected trend for today: Bullish
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