The GBP/USD attacks the resistance – Analysis – 18/02/2022

usd_gbp_news_2The GBPUSD pair attempted to breach 1.3610 level yesterday but it ended trades at this level, attempting to move below it now, to witness signs of forming triple top that supports the chances of continuing the domination of the correctional bearish scenario.

Therefore, the bearish trend will remain suggested for the upcoming period unless breaching 1.3610 and holding above it, noting that our first target is located at 1.3525.

The expected trading range for today is between 1.3525 support and 1.3670 resistance.

The expected trend for today: Bearish

Origin: Economies

Рейтинг FOREX брокеров

Рекомендуемые брокеры


 

Leave a Reply