Forex today. The pair GBP / USD Forecast 20/09/2016

19 сентября 2016 - Fx4News
Forex today. The pair GBP / USD Forecast 20/09/2016

 The British currency showed growth against shtatovskih currency, rising to fresh highs at 1.3060. Rising oil prices contributes to the return of investors' risk appetite. Note that on Monday the economic calendar, traditionally, did not contain important information, while the focus of traders is aimed at meeting the Fed on Wednesday.

 

 

 

Current situation

Pound remains in the "red" zone. Currency reduction may be due to the withdrawal of profit sellers after a sharp decline last week. GBP / USD The pair grew somewhat above the level of 1.3000 in the Asian session and cut a part of the achievements in the auctions in Europe. The session high was recorded in the area of ​​1.3075. 50-EMA-EMA 100 intersects and EMA 200 in the downward direction. The moving averages are pointing downwards.Resistance is located at 1.3100, support - at 1.3000.

 

MACD is in the negative zone. Histogram remains the same, indicating that the increase in sellers' positions. RSI is in the oversold zone.

 

Forecast GBP / USD today

Trades pair GBP / USD tested 1.3000 in the region. The breakdown of this mark will allow to test the level of 1.2960. It is possible the continuation of the recovery to the level of 1.3100.

 

 

Based on materials from Fort Financial Services

 

 

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