The GBP/USD breaches the resistance – Analysis – 24/09/2021

news_22_feb_2_gbp_usdThe GBPUSD pair rallied upwards strongly yesterday to breach 1.3680 and the bearish channel’s resistance line that appears on the chart, to head towards achieving more expected gains in the upcoming period, on its way to visit 1.3845 as a next main target.

Therefore, the bullish bias will be suggested for today unless breaking 1.3670 and holding below it.

The expected trading range for today is between 1.3670 support and 1.3845 resistance.

The expected trend for today: Bullish

Origin: Economies

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