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FX.co ★ GBP/USD analysis for September 17, 2018

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Forex Analysis:::2018-09-17T11:48:25

GBP/USD analysis for September 17, 2018

GBP/USD analysis for September 17, 2018

Recently, the GBP/USD pair has been trading upwards. The price tested the level of 1.3117. According to the M30 time – frame, I found series of the higher highs and higher lows, which is sign that buyers are in control. I also found the breakout of the Keltner upper band at 1.3100 in the background and the hidden bullish divergence on the 3/10 oscillator, which is another sign of strength. Watch for buying opportunities. The upward targets are set at the price of 1.3143 and at the price of 1.3175.

Analyst InstaForex
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