Midday update for the GBPUSD 29-09-2023
Economies.com
2023-09-29 09:06AM UTC
The GBPUSD pair shows more rise to reach the thresholds of the waited target at 1.2280, and the way seems open to surpass this level and achieve additional gains that reach 1.2350.
Therefore, we will continue to suggest the bullish trend for the upcoming sessions, taking into consideration that breaking 1.2180 will stop the expected rise and put the price under the negative pressure again.
The expected trading range for today is between 1.2160 support and 1.2310 resistance.
The expected trend for today: Bullish
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