The GBPUSD is stable - Analysis - 05-04-2022
Economies.com
2022-04-05 01:57AM UTC
The GBPUSD pair fluctuates within sideways track since yesterday, settling below 1.3145, to keep the bearish trend scenario active for the upcoming period, supported by the EMA50 that presses negatively on the price, waiting to visit 1.3000 as a main target.
We remind you that the continuation of the bearish wave depends on the price stability below 1.3145.
The expected trading range for today is between 1.3020 support and 1.3160 resistance.
The expected trend for today: Bearish
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