Midday update for the GBPUSD 28-09-2021
Economies.com
2021-09-28 09:46AM UTC
The GBPUSD pair faces strong negative pressure now to attack 1.3655 level, which urges caution from the upcoming trading, especially that there is an under construction negative formation that its signs appear on the chart, to stay aside until the price confirms its situation according to the mentioned level.
Note that breaking 1.3655 will press on the price to suffer more losses and head towards 1.3570 as a next negative station, while consolidating above it will lead the price to resume the bullish trend that its first main target located at 1.3845.
The expected trading range for today is between 1.3620 support and 1.3800 resistance.
The expected trend for today: Neutral
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