The GBPUSD surpasses the target – Analysis – 21-09-2021

gbp_cfd_1The GBPUSD pair managed to reach 1.3680 level and broke it to close the daily candlestick below it, reinforcing the expectations of extending the bearish wave on the intraday basis, noting that our next station reaches 1.3570.

Holding below 1.3680 represents initial condition to continue the suggested negative scenario, as breaching it will lead the price to start recovery attempts that target testing 1.3810 areas on the intraday basis.

The expected trading range for today is between 1.3570 support and 1.3740 resistance.

The expected trend for today: Bearish

Origin: Economies

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