The GBPUSD pair shows more bearish bias to move below 1.3100 barrier, reinforcing the expectations of continuing the intraday bearish trend, reminding you that our main waited target is located at 1.3000.

We need to monitor the price behavior when reaching the targeted level, as the consolidation against the current decline will push the price to resume the short term bullish trend, while breaking it will press on the price to achieve more decline and visit 1.2920 areas before any new attempt to rise.

The expected trading range for today is between 1.2970 support and 1.3150 resistance.

The expected trend for today: Bearish temporarily

The EURUSD pair tests the EMA50 that forms intraday support base at 1.1790 now, and the price needs to surpass this level to confirm the continuation of the intraday bearish wave, which targets 1.1720 level as a next main station.

Therefore, we will continue to suggest the bearish trend in the upcoming sessions, taking into consideration that breaching 1.1880 will stop the expected decline and leads the price to resume the main bullish trend again.

The expected trading range for today is between 1.1720 support and 1.1880 resistance.

The expected trend for today: Bearish temporarily

Crude oil price trades with clear positivity to approach the key resistance 41.10, and as long as the price is below this level, our bearish overview will remain valid for the upcoming period, which its next targets located at 39.30 followed by 38.10 levels, noting that the EMA50 supports the continuation of the expected decline.

Gold price succeeded to achieve our first waited target at 1901.80 and attempts to break it, which supports the continuation of our bearish overview efficiently in the upcoming sessions, waiting to achieve additional negative targets that extend to 1880.00 followed by 1860.90, noting that failing to achieve the required break will push the price to recover again and visit 1934.86 level.