The GBPUSD pair bounced upwards strongly to settle above 1.3795 level again, which keeps the bullish trend scenario valid and active for the upcoming period, organized inside the bullish channel that appears on the chart, waiting to visit 1.3910 as a next main station.

Holding above 1.3795 is important to continue the expected rise, noting that the price might witness some temporary sideways fluctuation until getting enough momentum to continue the suggested bullish trend.

The expected trading range for today is between 1.3760 support and 1.3910 resistance.

The expected trend for today: Bullish

Previous Analysis

Next Analysis

Main

Forex

Indices

	Symbol	Last	Change	Chg.%
	EUR/USD	0.9802	0.0147	1.5193%
Evening update analysis for the EURUSD 30-09-2022
	GBP/USD	1.1165	0.0345	3.1856%

	Silver	19.049	0.190	1.008%

	Oil	80.050	0.756	0.953%
Evening update for Crude oil price 30-09-2022
	Brent Oil	87.96	-0.53	0.60%

	Gold	1664.495	19.135	1.163%
Evening update for Gold 30-09-2022

Live Forex Updates

Dollar edges up after US data

2022-09-30 17:36:51 GMT

Dollar holds above week lows ahead of consumer spending data

2022-09-30 12:10:53 GMT

From record lows to powerful weekly gains, what happened to the pound?

2022-09-30 11:13:58 GMT

European consumer prices hit fresh record highs at 10%

2022-09-30 09:05:18 GMT

Risk Disclaimer: Economies.com is a financial portal that provides news and analysis about the different financial markets. The articles that we serve on the portal depend solely on the opinion and analysis of our economists which in no way are intended to incite a visitor of the website or an investor to trade or sell/buy a certain instrument. It is the responsibility of the visitor / trader only to evaluate his trading strategies and whether he is capable of trading with taking into consideration that losing all the capital invested is a possibility. The visitor should seek an independent professional financial advisor to discuss his or her trading strategies. Moreover, the provided rates for the different instruments are indicative only and cannot be used for trading purposes. Therefore, no responsibility can be imposed on Economies.com and the company operating the portal for any loss of money that may occur to the visitor by using the website.