The GBPUSD hits the first target – Analysis - 18-09-2019
Economies.com
2019-09-18 04:54AM UTC
The GBPUSD pair succeeded to achieve our first waited target at 1.2520 and finds solid resistance there, which might push the price to test the bullish channel’s support line again before resuming the bullish trend.
Therefore, we will continue to suggest the bullish trend for the upcoming period, and breaching 1.2520 will push the price to 1.2740 areas mainly, while breaking 1.2440 represents negative factor that will press on the price to return to the main bearish track again.
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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