Русский
The GBPUSD pair reached the thresholds of the first waited target at 1.3805, and the negative effect of the head and shoulders’ pattern still active, waiting to break this level to confirm extending the bearish wave towards our next target that reaches 1.3670.
Therefore, we will continue to suggest the bearish trend for the upcoming period unless we witnessed clear breach to 1.3890 and hold above it.
The expected trading range for today is between 1.3770 support and 1.3900 resistance.
The expected trend for today: Bearish
Origin: Economies
