The GBPUSD resumes the decline - Analysis - 15-09-2022
Economies.com
2022-09-15 04:19AM UTC
The GBPUSD pair continued to rise to test the EMA50 that formed solid resistance against the price, and bounced bearishly to resume the recently suggested bearish wave, motivated by stochastic negativity, waiting for more decline for today to visit 1.1410 areas mainly.
Therefore, our bearish overview will remain valid and active, noting that breaching 1.1610 will lead the price to turn to rise and achieve more bullish correction.
The expected trading range for today is between 1.1430 support and 1.1590 resistance.
The expected trend for today: Bearish
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