The GBP/USD resumes the rise – Analysis – 14/09/2021

gbp_cfd_1The GBPUSD pair leaned on the EMA50 and bounced bullishly from there, to keep the bullish trend scenario valid and active for the upcoming period, organized inside the bullish channel that appears on the chart, waiting to visit 1.3955 as a next main target.

Note that the continuation of the expected bullish wave requires holding above 1.3810 and the most important above 1.3770.

The expected trading range for today is between 1.3780 support and 1.3950 resistance.

The expected trend for today: Bullish

Origin: Economies

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