The GBPUSD is stable below the support - Analysis - 19-01-2022
Economies.com
2022-01-19 05:11AM UTC
The GBPUSD pair confirmed breaking 1.3610 level and ended yesterday below it, to reinforce the expectations of continuing the correctional bearish trend, which its next target located at 1.3530.
Moving below the EMA50 supports the expected decline, noting that breaching 1.3610 will stop the suggested negative scenario and lead the price to attempt to regain the main bullish trend again.
The expected trading range for today is between 1.3530 support and 1.3670 resistance.
The expected trend for today: Bearish
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