The GBP/USD keeps its negative stability – Analysis – 30/03/2021

gbp_cfd_1The GBPUSD pair managed to end yesterday below the bullish channel’s support line after the positive attempts that it witnessed in the previous sessions, which keeps our bearish overview valid and active, waiting to head towards 1.3675 followed by 1.3580 levels as next main stations.

The EMA50 continues to support the suggested bearish wave, which will remain valid unless breaching 1.3820 and holding above it.

The expected trading range for today is between 1.3690 support and 1.3860 resistance.

The expected trend for today: Bearish

Origin: Economies

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