The GBP/USD needs the positive momentum – Analysis – 28/09/2021

gbp_cfd_1The GBPUSD pair fluctuates around the EMA50, and begins to provide positive trades now that hint heading to resume the expected bullish trend for the upcoming period, reinforcing the chances of achieving more gains in the upcoming sessions.

Therefore, we will continue to suggest the bullish trend on the intraday basis unless breaking 1.3655 and holding below it, noting that our next main target is located at 1.3845.

The expected trading range for today is between 1.3620 support and 1.3800 resistance.

The expected trend for today: Bullish

Origin: Economies

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