The GBPUSD pair broke 1.3805 level strongly and closed the daily candlestick below it, which supports the continuation of our bearish overview efficiently in the upcoming period, paving the way to head towards our next target that reaches 1.3670.
The bearish channel organizes the suggested bearish wave, which gets good support by the EMA50, noting that the continuation of the expected decline depends on the price stability below 1.3805.
The expected trading range for today is between 1.3670 support and 1.3850 resistance.
The expected trend for today: Bearish
Origin: Economies
