The GBPUSD breaks the support - Analysis - 21-01-2022
Economies.com
2022-01-21 05:18AM UTC
The GBPUSD pair managed to break 1.3610 and hold below it again, to support the continuation of the expected bearish trend scenario for the upcoming period, and the way is open to visit 1.3530 as a next negative target.
Therefore, we are waiting for more decline on the intraday basis supported by the negative pressure formed by the EMA50, noting that holding below 1.3610 is important to continue the expected decline.
The expected trading range for today is between 1.3500 support and 1.3660 resistance.
The expected trend for today: Bearish
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