GBPUSD achieves strong gains – Analysis - 15-09-2017

Economies.com
2017-09-15 03:59AM UTC

The GBPUSD pair rallied upwards sharply yesterday after leaning on 1.3197 level, to succeed breaching the recently recorded top at 1.3328, approaching from our first waited target at 1.3445, which supports the continuation of our bullish overview efficiently in the upcoming period, noting that breaching the mentioned level will push the price towards our extended target at 1.3645.

 

Therefore, the bullish trend will remain dominant for today supported by the EMA50, conditioned by holding above 1.3328.

 

Expected trading range for today is between 1.3328 support and 1.3500 resistance.

 

Expected trend for today: Bullish

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