The GBP/USD begins positively – Analysis – 21/02/2022

forex_news_gbp_7The GBPUSD pair opens today’s trading with clear positivity to attack 1.3610 level, affected by stochastic positivity, but we will depend on the last daily candlestick close below this level to keep our bearish overview, which targets 1.3525 initially.

On the other hand, we should note that consolidating above 1.3610 will stop the negative scenario and lead the price to turn to rise, to head towards 1.3700 followed by 1.3750 areas as initial positive stations.

The expected trading range for today is between 1.3530 support and 1.3680 resistance.

The expected trend for today: Bearish

Origin: Economies

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