GBP/USD analysis for September 20, 2017 888011000 110888 Recently, the GBP/USD set has been trading upwards. As I expected, the price checked the level of 1.3607 in an ultra high volume. Anyhow, inning accordance with the 30M timespan, I found a wide spread bar and purchasing climax in the background, which is a sign that buying at this phase looks dangerous. There is also a phony breakout of yesterday’s high, which is another indication of weakness. My recommendations is to watch for prospective selling chances. The down targets areset at the price of1.3470 and 1.3400. Resistance levels: R1: 1.3548 R2: 1.3560 R3: 1.3570 Support levels: S1: 1.3525 S2: 1.3515 S3: 1.3505 Trading recommendations for today: watch for possible selling opportunities.The product has been supplied by InstaForex Business-www.instaforex.com

By | September 20, 2017

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