Midday update for GBPUSD 27-09-2018

Economies.com
2018-09-27 09:37AM UTC

The GBPUSD pair trades negatively now to approach 1.3100 level, which represents one of the next trend keys besides 1.3226 resistance, as we mentioned this morning that the price needs to breach one of these levels to detect its next destination clearly.

 

Therefore, we will continue with our neutrality until we get clearer confirmation signal for the next trend, noting that the details of the expected targets after the breach are explained in our morning report.

 

Expected trading range for today is between 1.3055 support and 1.3250 resistance.

 

Expected trend for today: Depends on the above mentioned levels

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