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FX.co ★ GBP/USD update for November 09, 2021 - Test of the rising support

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Forex Analysis:::2021-11-09T12:54:58

GBP/USD update for November 09, 2021 - Test of the rising support

Technical analysis:

GBP/USD update for November 09, 2021 - Test of the rising support

GBP/USD has been trading downside n last few hours but the short-term trend is still upside and the price is testing rising support.

Trading recommendation:

Due to test of the support in the rising trend, I see potential for the bullish continuation.

Watch for buying opportunities on the pullbacks with the upside target at 1,3600

Key support level is set at 1,3548

Analyst InstaForex
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