Midday update for the GBPUSD 18-09-2019
Economies.com
2019-09-18 09:42AM UTC
The GBPUSD pair traded with clear negativity to test the bullish channel’s support again, which requires being aware from the upcoming trading, where the continuation of the negative pressure and breaking 1.2440 level will stop the morning suggested positive scenario and pushes the price to turn to the downside, while the price needs to breach 1.2520 to confirm the rally to 1.2740 as a next positive target.
The expected trading range for today is between 1.2400 support and 1.2600 resistance.
The expected trend for today: Bullish
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