Midday update for GBPUSD 29-09-2016

Economies.com
2016-09-29 10:37AM UTC

The GBPUSD pair keeps crawling negatively, heading towards the key support 1.2945, and as we mentioned in our morning report, we are waiting to breach one of the next trend keys represented by the mentioned support and 1.3063 resistance to confirm the next destination clearly, which makes us continue with our neutrality until now.

 

To review the expected targets after breaching the above mentioned levels, please check our morning report.

 

Expected trading range for today is between 1.2864 support and 1.3135 resistance.

 

Expected trend for today: Neutral

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