The GBPUSD draws negative pattern - Analysis - 26-01-2021
Economies.com
2021-01-26 05:38AM UTC
The GBPUSD pair could not manage to hold above 1.3700, to rebound bearishly and approach the key support 1.3645 now, noticing that the price draws negative pattern that its confirmation level located at the mentioned support, thus, breaking it will press on the price to turn to decline and achieve negative targets that start at 1.3590 and extend to 1.3530.
Therefore, the bearish bias will be suggested for today unless breaching 1.3710 and holding above it.
The expected trading range for today is between 1.3550 support and 1.3730 resistance.
The expected trend for today: Bearish
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