GBP/USD analysis for September 25, 2018
Recently, the GBP/USD pair has been trading upwards. The price tested the level of 1.3160. Anyway, according to the M15 time – frame, I found a breakout of the intraday support trendline, which is a sign that buying looks risky. I also found a hidden bearish divergence on the LBR 3/10 oscillator, which is another sign of weakness. My advice is to watch for selling opportunities. The downward targets are set at the price of 1.3115 (daily pivot) and at the price of 1.3095 (current daily low).