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The GBPUSD price stops the bearish correction - Forecast today - 13-09-2024
The GBPUSD price rallied upwards strongly yesterday to attack 1.3124$ level, noticing that the price begins today with more rise to breach this level and close the first four hours’ candlestick above it, which confirms stopping the bearish correction and head to resume the main bullish trend again, on its way to achieve positive targets that start at 1.3220$ followed by 1.3265$.
Therefore, we expect to witness more rise in the upcoming sessions, noting that breaking 1.3124$ and holding below it will reactivate the correctional bearish scenario to head towards visiting 1.3036$ level initially.
The expected trading range for today is between 1.3060$ support and 1.3230$ resistance.
Trend forecast: Bullish
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