The GBP/USD approaches the target – Analysis – 23/09/2021

gbp_usd_news_1The GBPUSD pair shows more bearish bias to approach our waited target at 1.3570, and we suggest the continuation of the negative pressure to surpass this level and visit 1.3500 as a next main station.

The EMA50 continues to support the expected decline, which will remain valid unless the price rallied to breach 1.3680 and hold above it.

The expected trading range for today is between 1.3540 support and 1.3780 resistance.

The expected trend for today: Bearish

Origin: Economies

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