The GBP/USD consolidates below the resistance – Analysis – 31/03/2022

gbp-l2The GBPUSD pair attempted to breach 1.3145 level but it closed the daily candlestick below this level, to start today with bearish bias and move away from the mentioned level, which keeps our bearish overview valid, which targets 1.3000 as a next station.

We remind you that the continuation of the bearish wave requires holding below 1.3145.

The expected trading range for today is between 1.3020 support and 1.3170 resistance.

The expected trend for today: Bearish

Origin: Economies

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