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The GBPUSD attempts positively - Analysis - 11-09-2023
The GBPUSD pair returns to test 1.2505 level, noticing that the price recorded higher lows that hint heading to rise in the upcoming sessions, noting that surpassing the mentioned level will push the price to 1.2625 mainly.
Therefore, the bullish bias will be suggested for today, supported by the positive signal provided by stochastic now, taking into consideration that failing to breach 1.2505 will push the price to resume the main bearish trend again, which its next target located at 1.2395.
The expected trading range for today is between 1.2430 support and 1.2590 resistance.
The expected trend for today: Bullish
The EURUSD gets a positive signal - 11-09-2023
The EURUSD pair begins today with bullish bias to move away from 1.0700 barrier, noticing that stochastic overlaps positively now, thus, we believe that the price is on its way to achieve gains in the upcoming sessions, targeting testing 1.0785 initially, noting that breaching this level will extend the bullish wave to reach 1.0880 areas on the near-term basis.
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