The GBPUSD pair succeeded to achieve our waited target at 1.3805 and presses negatively on it, to hint heading to achieve more expected decline on the short term basis, paving the way to head towards 1.3670 as a next negative target.
Therefore, we expect witnessing more decline in the upcoming sessions, supported by the EMA50, noting that the continuation of the bearish wave requires holding below 1.3890.
The expected trading range for today is between 1.3710 support and 1.3880 resistance.
The expected trend for today: Bearish
Origin: Economies
