The GBP/USD crawls upwards – Analysis – 02/09/2021

gbp-l2The GBPUSD pair resumes its positive trades calmly, to move away from the intraday bullish channel’s support line, to support the continuation of our bullish overview, which targets 1.3870 level mainly.

The price might be forced for some temporary sideways fluctuation affected by stochastic negativity before resuming the expected rise, reminding you that the continuation of the bullish wave depends on the price stability above 1.3680.

The expected trading range for today is between 1.3700 support and 1.3860 resistance.

The expected trend for today: Bullish

Origin: Economies

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