The GBPUSD price traded positively in the previous sessions to breach the initial resistance 1.2566$ and approaches retesting the broken neckline of the head and shoulders’ pattern at 1.2605$, and as we mentioned in our recent reports, the price needs to hold below this level to keep the bearish trend active for the upcoming period, as breaching it will lead the price to turn to rise and build bullish wave that targets 1.2735$ areas initially.

The EMA50 supports the expected decline, which its next main target reaches 1.2400$.

The expected trading range for today is between 1.2490$ support and 1.2630$ resistance

Trend forecast: Bearish

The EURUSD price fluctuates around the bearish trend line, and the EMA50 forms negative pressure against the price, waiting to resume the expected bearish wave on the intraday and short-term basis, which targets 1.0333$ followed by 1.0250$ levels as next main stations.

Therefore, we will continue to suggest the bearish trend for the upcoming period unless breaching 1.0475$ and holding above it.

The expected trading range for today is between 1.0350$ support and 1.0480$ resistance

Trend forecast: Bearish

Ethereum price (ETHUSD) tested the first resistance at 3425.50$ and bounced bearishly from there, to support the continuation of the expected bearish trend on the intraday and short-term basis, reminding you that our targets begin at 3222.00$ and extend to 3017.30$ after breaking the previous level, reminding you that holding below 3510.00$ represents major condition to the continuation of the expected decline.

Bitcoin price (BTCUSD) begins the process of breaking 95195.00$ level now, reinforcing the expectations of continuing the domination of the correctional bearish trend in the upcoming sessions, paving the way to head towards our next negative targets that start at 91000.00$ and extend to 87055.00$, reminding you that the continuation of the bearish wave depends on the price stability below 98600.00$.