Midday Update GBP/USD 26-09-2017

The GBP / USD pair has been trading sideways since the morning steady around 1.3480, and as long as the price is above 1.3418, the bullish scenario will remain bullish for the day supported by Stochastic and SMA 50, awaiting initial test at 1.3618.

We will mention that breaching the mentioned level will push the pair towards 1.3700 and then 1.3834 which represents our main targets, while a break of 1.3418 will press the price to extend its bearish correction targeting 1.3295 directly.

The trading range for today is expected among 1.3400 support and 1.3618 resistance

The general trend for today is bullish