Midday update for the GBPUSD 15-09-2020

Economies.com
2020-09-15 10:03AM UTC

The GBPUSD pair shows new positive trading to attack 1.2880 level and attempts to settle above it, which requires being aware from the upcoming trading, where confirming the breach will lead the price to achieve more of the gains and visit 1.3000 level initially, while holding below it will reactivate the bearish trend scenario that targets 1.2705 level mainly.

 

therefore, we prefer staying aside now until the price confirms its attitude according to 1.2880 level to detect its next trend clearly.

 

The expected trading range for today is between 1.2730 support and 1.2950 resistance.

 

The expected trend for today: Neutral

 

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