{"id":118921,"date":"2025-09-17T11:11:21","date_gmt":"2025-09-17T07:11:21","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=118921"},"modified":"2025-09-17T11:11:47","modified_gmt":"2025-09-17T07:11:47","slug":"gbp-leans-on-support-9-2025","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/gbp-leans-on-support-9-2025\/09\/17\/tech-analysis\/","title":{"rendered":"GBP Leans on Support 17\/9\/2025"},"content":{"rendered":"\n<p>The pair extended its advance in line with previous expectations, reaching the projected target at <strong>1.3675<\/strong>, which also marked the session high.<\/p>\n\n\n\n<p><strong>Technical Outlook:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>RSI:<\/strong> The Relative Strength Index is starting to issue <strong>negative signals<\/strong>, hinting at a potential short-term slowdown in bullish momentum.<\/li>\n\n\n\n<li><strong>50-SMA:<\/strong> The 50-period Simple Moving Average continues to provide <strong>dynamic support<\/strong>, reinforcing the short-term uptrend bias.<\/li>\n<\/ul>\n\n\n\n<p><strong>Likely Scenario:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Key Support:<\/strong> 1.3600 \u2013 and more importantly <strong>1.3590<\/strong> \u2013 are critical to maintaining the bullish setup.<\/li>\n\n\n\n<li><strong>Upside Potential:<\/strong> A break above <strong>1.3680<\/strong> could trigger intraday gains towards <strong>1.3715<\/strong>, with further extension possible to <strong>1.3760<\/strong>.<\/li>\n\n\n\n<li><strong>Downside Risk:<\/strong> A confirmed break below <strong>1.3590<\/strong> would shift the bias back to bearish, exposing the pair to support levels near <strong>1.3530<\/strong>.<\/li>\n<\/ul>\n\n\n\n<p> <strong>Risk Note:<\/strong> Markets are bracing for a package of <strong>high-impact U.S. releases today<\/strong>: the FOMC statement, Fed economic outlook, Chair Powell\u2019s press conference, and the Federal Funds Rate decision. High volatility is likely.<\/p>\n\n\n\n<p>Trading CFDs involves risks, and therefore all scenarios may be plausible. The information provided above is not a recommendation to sell or buy but rather an explanatory reading of price movement on the chart.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>S1: 1.3605<\/strong><\/td><td><strong>R1: 1.3680<\/strong><\/td><\/tr><tr><td><strong>S2:\u00a01.3565<\/strong><\/td><td><strong>R2: 1.3715<\/strong><\/td><\/tr><tr><td><strong>S3: 1.3530<\/strong><\/td><td><strong>R3:\u00a01.3760<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>The pair extended its advance in line with previous expectations, reaching the projected target at 1.3675, which also marked the session high. Technical Outlook: RSI: The Relative Strength Index is starting to issue negative signals, hinting at a potential short-term slowdown in bullish momentum. 50-SMA: The 50-period Simple Moving Average continues to provide dynamic support, &hellip;<\/p>\n","protected":false},"author":9,"featured_media":118931,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[42,41],"tags":[7770,7046],"class_list":["post-118921","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-daily-tech-analysis","category-tech-analysis","tag-fomc-minutes","tag-sterling"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/118921","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=118921"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/118921\/revisions"}],"predecessor-version":[{"id":118933,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/118921\/revisions\/118933"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/118931"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=118921"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=118921"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=118921"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}