The GBP/USD resumes the decline – Analysis – 13/08/2021

GBP/USD прогноз Фунт ДолларThe GBPUSD pair bounced downwards clearly after retesting 1.3875 level, to approach our first waited target at 1.3760, expecting to extend the negative trades to reach 1.3680 as a next negative target.

Therefore, the bearish trend will remain dominant in the upcoming sessions unless the price rallied to breach 1.3875 and hold above it.

The expected trading range for today is between 1.3720 support and 1.3875 resistance.

The expected trend for today: Bearish

Origin: Economies

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