Forex
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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