Midday update for the GBPUSD 26-09-2022

Economies.com
2022-09-26 11:10AM UTC

The GBPUSD pair traded with strong positivity to breach 1.0635 and heads towards achieving bullish correction on the intraday basis, and we prefer to stay aside until we get clearer signal for the next trend, noting that breaching 1.0845 will confirm extending the correctional bullish wave towards 1.1015 as a next positive station, while breaking 1.0635 will put the price under the negative pressure again, to head towards 1.0295 initially.

 

The expected trading range for today is between 1.0600 support and 1.0845 resistance.

 

The expected trend for today: Neutral

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