GBP/USD analysis for September 20, 2018
Recently, the GBP/USD pair has been trading upwards. The price tested the level of 1.3287. According to the H4 time – frame, I found a rising channel and the price is respecting the lower diagonal of the channel. The macd is showing us strong upward momentum. It is very risky to watch for any selling opportunities. My advice is to watch for buying opportunities on the dips. The upward targets are set at the price of 1.3359 and at the price of 1.3470.
Trading recommendations for today: watch for potential buying opportunities.