Currency pair analysis GBP/USD

The GBP/USD pair ended yesterday's trading below the 1.3660 level, which halts the suggested positive scenario in our recent reports and pressures the price to turn to the downside. Now it is on the way to achieving negative targets that start at 1.3565.

GBP/USD rate online: monitor the price movement in real time.

Therefore, the bearish bias will be likely for today. Note that breaching 1.3660 will stop the expected decline and lead the price to rise again.

The expected trading range: between 1.3550 support and 1.3700 resistance.

The forecast trend: bearish.

Author: GC
Back to all reviews Back

Subscribe to market analysis

Thank you for subscribing to our analytics

Review topic

All Fundamental reviews Market news Premarkets Technical reviews