Midday update for the GBPUSD 08-04-2021

2021-04-08 09:17:23 GMT (Economies.com)
 

The GBPUSD pair keeps its stability below the correctional bearish channel’s resistance, to keep the bearish trend valid and active for today, supported by moving below the EMA50, waiting to visit 1.3705 followed by 1.3580 mainly, taking into consideration that the continuation of the expected decline depends on the price stability below 1.3890.

 

The expected trading range for today is between 1.3660 support and 1.3840 resistance.

 

The expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.1979
0.0068
0.5713%
1.3783
0.0035
0.2549%
Tadawul
9847.62
27.59
0.28%
25.415
0.320
1.275%
62.901
2.511
4.158%
66.38
2.71
4.26%
1736.805
-0.130
0.007%
 
 
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