Midday update for the GBPUSD 15-09-2023
Economies.com
1 week ago
The GBPUSD pair provides positive trades to head towards potential test to the key resistance 1.2505, affected by stochastic positivity, noticing that the EMA50 continues to press negatively on the price, waiting to resume the expected bearish wave on the intraday and short-term basis, which depends on the price stability below the mentioned resistance, while its next main target is located at 1.2310.
The expected trading range for today is between 1.2320 support and 1.2480 resistance.
The expected trend for today: Bearish
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