Midday update for the GBPUSD 16-09-2019
Economies.com
2019-09-16 09:07AM UTC
The GBPUSD pair trades with a clear negativity now, to approach form testing the bullish channel’s support, as we mentioned this morning, the price needs to settle above 1.2370 level for the continuation of the expected bullish trend for today, getting a continuous support from the EMA50, reminding you that our main targets begin at 1.2520 and extend to 1.2665 after breaching the previous level.
The expected trading range for today is between 1.2400 support and 1.2580 resistance.
The expected trend for today: Bullish
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