GBPUSD gets a negative close – Analysis - 21-05-2018
Economies.com
2018-05-21 01:42AM UTC
The GBPUSD pair broke 1.3490 level and closed the weekly candlestick below it, which opens the way to extend the correctional bearish wave to target 1.3226 areas on the short term basis, especially after the price failure to move away from 1.3490 in the past period.
Therefore, the bearish trend will be suggested in the upcoming sessions unless the price managed to breach the last level and hold above it again.
Expected trading range for today is between 1.3380 support and 1.3550 resistance.
Expected trend for today: Bearish
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