Forex
Midday update for the GBPUSD 31-03-2021
2021-03-31 09:26:47 GMT
(Economies.com)
The GBPUSD pair tested the intraday bearish channel’s resistance, and the price needs to hold below 1.3835 to keep the bearish trend scenario active for the upcoming period, as breaching this level will push the price back to the main bullish track again, while the main targets of the expected bearish wave are located at 1.3675 followed by 1.3580.
The expected trading range for today is between 1.3640 support and 1.3800 resistance.
The expected trend for today: Bearish
| Symbol | Last | Change | Chg.% | ||
|---|---|---|---|---|---|
|
|
|
1.1982
|
0.0071
|
0.5994%
|
|
|
|
|
1.3839
|
0.0091
|
0.6648%
|
|
|
|
Tadawul
|
9987.92
|
124.63
|
1.26%
|
|
|
|
|
25.945
|
0.850
|
3.387%
|
|
|
|
|
63.092
|
2.702
|
4.474%
|
|
|
|
|
66.70
|
-0.23
|
0.34%
|
|
|
|
|
1775.845
|
38.910
|
2.240%
|
|
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