The GBPUSD hits the extended target - Analysis - 26-04-2022

Economies.com
2022-04-26 01:28AM UTC

The GBPUSD pair managed to touch our waited target at 1.2700 and attempts to break it, to support the continuation of the bearish bias in the upcoming sessions, noting that our next target is located at 1.2620.

 

The bearish channel continues to organize the suggested bearish wave, which will remain valid unless breaching 1.2825 and holding above it.

 

The expected trading range for today is between 1.2650 support and 1.2790 resistance.

 

The expected trend for today: Bearish

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