24.09.202114:00 Forex Analysis & Reviews: GBP/USD update for September 24, 2021 - Potential for the upside continuation

Technical analysis:

Exchange Rates 24.09.2021 analysis

Due to extreme intraday reading and strong impulse from yesterday, I see potential for the upside continuation.

Trading recommendation:

Watch for buying opportunities on the pullback with the potential upside target at 1,3745.

Stochastic is showing extreme bear reading on the intraday time-frame, which is sign that upside can be in the play till end of the day.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Petar Jacimovic,
Analytical expert of InstaForex
© 2007-2021
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