Midday update for GBPUSD 13-09-2017
Economies.com
2017-09-13 10:21AM UTC
The GBPUSD pair is testing the support base formed above 1.3266, and as we mentioned this morning, the price needs to hold above this level to continue the expected bullish trend, noting that stochastic negativity interprets the reasons of the current bearish bias.
Until now, we will continue to suggest the bullish trend for today conditioned by holding above the mentioned level, supported by the EMA50, reminding you that our next main target is located at 1.3445.
Expected trading range for today is between 1.3240 support and 1.3400 resistance.
Expected trend for today: Bullish
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