Midday Update for GBP / USD 25-09-2017

in british •  7 years ago 

GBPUSD traded favorably this morning, approaching the recent high at 1.3618, noting that Stochastic is beginning to provide positive signals now, which is a positive incentive waiting to contribute to push the price to breach the mentioned level and then head towards our main targets starting at 1.3690 And extends to 1.3834.

Therefore, we will maintain our bullish outlook for the rest of the day unless we see a clear break below 1.3418.

The trading range for today is among the key support at 1.3450 and resistance at 1.3630

The general trend for today is bullish

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