The GBPUSD continues to decline - Analysis - 31-03-2021

2021-03-31 04:14:14 GMT (Economies.com)
 

The GBPUSD pair keeps declining to reach 1.3700 barrier, and the negative effect of the double top pattern still active, waiting for more bearish bias in the upcoming sessions, reminding you that our main waited targets start at 1.3675 and extend to 1.3580.

 

The EMA50 continues to support the suggested bearish wave, noting that achieving the expected targets requires holding below 1.3835.

 

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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