Forex

The GBPAUD gathers its negative strengths – Analysis – 21-9-2020

2020-09-21 05:39:18 GMT (Economies.com)

The GBPAUD pair formed temporary sideways fluctuation after facing solid support at 1.7535, allowing us to wait to gather the required additional momentum to resume recording the negative targets.

 

We will depend on 1.7810 level forming additional barrier against the current trades to note that stochastic attempt to crawl towards the oversold areas will increase the chances of achieving the required break and reach 1.7370 followed by 1.7195 levels.

 

The expected trading range for today is between 1.7810 and 1.7535

 

The expected trend for today: Sideways

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