Midday update for the GBPUSD 16-09-2020

Economies.com
2020-09-16 09:31AM UTC

The GBPUSD pair crawls upwards and settles above 1.2900 barrier, and continues to move inside the intraday bullish channel that appears on the chart, to keep the bullish trend scenario valid for today depending on the price stability above 1.2855, reminding you that our main waited target is located at 1.3000.

 

The expected trading range for today is between 1.2820 support and 1.3000 resistance.

 

The expected trend for today: Bullish

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