GBPUSD analysis for 22.09.2017

FOMC announcement could not support USD to create the correction pattern and GBP is still under the influence of the Brexist issue. The support rests at 1.35650 with resistance at 1.36220 which both lines are above the weekly pivot point at 1.34480. The EMA of 10 is moving with bullish bias in the ascendant channel and it is above the EMA of 200 and the EMA of 100. The RSI is moving above the 50 level, the Stochastic is showing upward momentum and MACD indicator is in positive territory. The ADX is not showing any clear signals. The resistance level breakout is a good sign for buyers to target 1.37. https://fxglory.com/gbpusd-analysis-for-22-09-2017/