Midday update for the GBPUSD 02-03-2021
Economies.com
2021-03-02 10:17AM UTC
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
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