Midday update for GBPUSD 21-09-2017

Economies.com
2017-09-21 10:08AM UTC

The GBPUSD pair settles around 1.3500 level since morning, and the correctional bearish trend scenario still active as long as 1.3618 level remains intact, waiting to test 1.3418 level initially.

 

We remind you that breaking the targeted level will push the price towards 1.3295, while breaching 1.3618 represents the key to stop the expected bearish trend and rally to resume the main bullish trend again.

 

Expected trading range for today is between 1.3380 support and 1.3550 resistance.

 

Expected trend for today: Bearish

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