The GBPUSD pair shows some bearish bias to press on the EMA50, and as long as the price is above 1.3785, our bullish overview will remain valid for today, as breaking this level will press on the price to turn to decline, while the first positive target is located at 1.3890.
The expected trading range for today is between 1.3750 support and 1.3930 resistance.
The expected trend for today: Overall Bullish
The EURUSD pair trades with strong negativity to achieve our first waited target at 1.1780 and attempts to confirm breaking it, reinforcing the expectations of extending the bearish wave to reach 1.1700 as a next target, to continue suggesting the bearish trend for the rest of the day unless the price rallied to breach 1.1830 and hold above it.
The expected trading range for today is between 1.1740 support and 1.1888 resistance.
The expected trend for today: Bearish
The EURJPY price continues to decline to approach the second waited target at 128.80, expecting to surpass this level to achieve more bearish bias and head towards 127.95 areas as a next main station.
Therefore, we will continue to suggest the bearish trend for the upcoming period, noting that failing to achieve the required break will lead the price to start recovery attempts that target visiting 130.85 areas mainly.
The expected trading range for today is between 128.30 and 129.70
The expected trend for today: Bearish
The GBPJPY pair settles below the resistance line and below the moving average 55, to keep the negative pressure valid for the upcoming period, waiting to head towards 149.85 mainly.
Holding below 151.95 keeps the bearish trend valid, noting that breaking the targeted level will push the price to start correctional bearish wave on the short term and medium term basis.
The expected trading range for today is between 150.30 and 152.00
The expected trend for today: Bearish