GBPUSD touches the first target – Analysis - 14-09-2018

Economies.com
2018-09-14 03:52AM UTC

The GBPUSD pair succeeded to achieve our first waited target at 1.3120 and settles around it, and the price continues to more inside the bullish channel, getting continuous positive support by the EMA50, reinforcing the chances of continuing the bullish trend to visit 1.3226 level that represents our next main target.

 

Therefore, we will continue to suggest the bullish trend in the upcoming period unless breaking 1.2963 level and holding below it.

 

Expected trading range for today is between 1.3040 support and 1.3226 resistance.

 

Expected trend for today: Bullish

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