Midday update for GBPUSD 18-09-2017

Economies.com
2017-09-18 09:52AM UTC

The GBPUSD pair faced negative pressure this morning to trade inside the minor bearish channel again, and the price is affected by stochastic negativity, while it keeps its stability above the key support 1.3552, to keep the bullish trend scenario valid for today, waiting to head towards 1.3365 initially.

 

Breaching the mentioned level will push the price towards 1.3835, while breaking 1.3552 will push trading to start bearish correction on the intraday basis.

 

Expected trading range for today is between 1.3530 support and 1.3700 resistance.

 

Expected trend for today: Bullish

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