The GBPUSD moves towards the first negative target - Analysis - 21-09-2022
Economies.com
2022-09-21 04:04AM UTC
The GBPUSD pair bounced downwards clearly yesterday to reach 1.1360 areas, reinforcing the expectations of continuing the bearish trend for the upcoming period, supported by the negative pressure formed by the EMA50, waiting to visit 1.1300 that represents our next main target.
Breaking 1.1360 will ease the mission of achieving the mentioned target, reminding you that the continuation of the bearish wave depends on the price stability below 1.1460.
The expected trading range for today is between 1.1280 support and 1.1450 resistance.
The expected trend for today: Bearish
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