The GBPUSD breaks the support - Analysis - 18-01-2022
Economies.com
2022-01-18 05:20AM UTC
The GBPUSD pair ended yesterday below 1.3660 level, which stops the recently suggested positive scenario and press on the price to turn to decline, on its way to achieve negative targets that start at 1.3565.
Therefore, the bearish bias will be suggested for today, noting that breaching 1.3660 will stop the expected decline and lead the price to rise again.
The expected trading range for today is between 1.3550 support and 1.3700 resistance.
The expected trend for today: Bearish
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