GBPUSD resumes rising – Analysis - 18-09-2018
Economies.com
2018-09-18 03:44AM UTC
The GBPUSD pair traded with clear positivity yesterday to settle around the intraday bullish channel’s resistance, reinforcing the expectations of continuing the expected bullish trend for the upcoming period, which its next target located at 1.3226, noting that the EMA50 keeps supporting the price from below, while stochastic current negativity might cause some sideways fluctuation.
In general, the bullish trend will remain dominant unless breaking 1.2963 level and holding below it.
Expected trading range for today is between 1.3070 support and 1.3250 resistance.
Expected trend for today: Bullish
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