The GBPUSD is stable – Analysis - 11-09-2019

Economies.com
2019-09-11 05:02AM UTC

The GBPUSD pair still stuck between the trend keys represented by 1.2326 support and 1.2400 resistance, which makes us continue with our neutrality until the price confirms breaching one of these levels, reminding you that breaching the mentioned resistance will extend the bullish wave to reach 1.2520 as a next station, while breaking the support will press on the price to start attempts to return to the main bearish trend again.

 

The expected trading range for today is between 1.2270 support and 1.2430 resistance.

 

The expected trend for today: Depends on the above mentioned levels

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