GBPUSD SEP, 20 2021
Overview:
The pair is trading in a short-term downtrend
Expected scenario:
The above chart shows that the pair may resume its decline to reach the level of 1.3742, which enhances the chances of ascending during today's trading, after reaching the indicated area, targeting 1.3800.
Alternative scenario:
On the other hand, we see that if the 1.3724 level is broken down, it may push the pair down to 1.3680
Resistance | 1.3800 | 1.3820 | 1.3850 |
Support | 1.3680 | 1.3650 | 1.3630 |
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