The GBPUSD pair managed to break 1.3905 to confirm opening the way to continue the bearish trend, waiting to visit 1.3800 as a next target, noting that breaking this level will push the price to the main bullish channel’s support line at 1.3730 direct.
Therefore, we expect witnessing more decline in the upcoming sessions, noting that breaching 1.3950 will push the price to test the most important resistance at 1.4035 before any new attempt to decline.
The expected trading range for today is between 1.3770 support and 1.3950 resistance.
The expected trend for today: Bearish
Origin: Economies
