Midday update for the GBPUSD 02-03-2021

2021-03-02 10:17:01 GMT (Economies.com)
 

The GBPUSD pair broke the bullish channel’s support line and closed the last four hours’ candlestick below it, which support the continuation of our bearish overview efficiently for the rest of the day, motivated by the completion of the head and shoulders’ patter that appears on the chart, reminding you that our waited targets begin at 1.3775 and extend to 1.3685, while achieving them requires holding below 1.4000.

 

The expected trading range for today is between 1.3770 support and 1.3960 resistance.

 

The expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.1930
0.0028
0.2315%
1.3919
0.0025
0.1814%
Tadawul
10919.68
6.62
0.06%
25.950
-0.038
0.148%
73.255
1.429
1.990%
75.56
0.32
0.43%
1775.560
-2.830
0.159%
 
 
Live Forex Updates