The GBPUSD price faces negative pressure to head towards potential test to 1.2415$ level, noticing that the price moves inside intraday bullish channel that supports the chances of continuing the correctional bullish trend in the upcoming sessions, which its next target located at 1.2609$.
The EMA50 continues to support the suggested bullish wave, which will remain valid unless breaking 1.2415$ and holding with a daily close below it.
The expected trading range for today is between 1.2375$ support and 1.2525$ resistance
Trend forecast: Bullish
The EURUSD price opened today with strong decline to break 1.0455$ level and close the first four hours’ candlestick below it, to fall under expected negative pressure in the upcoming sessions and head towards achieving negative targets that start by testing 1.0325$ areas.
Therefore, the bearish bias will be suggested for today, noting that trading above 1.0455$ again will reactivate the correctional bullish scenario that targets 1.0600$ as a next positive station.
The expected trading range for today is between 1.0350$ support and 1.0500$ resistance
Trend forecast: Bearish
Ethereum price (ETHUSD) achieved some temporary gains and returns to decline again, waiting to break 3017.30$ to confirm extending the bearish wave and achieve new negative targets that extend to 2765.00$, to continue suggesting the bearish trend for the upcoming period unless breaching 3222.00$ and holding above it.
Bitcoin price (BTCUSD) provided clear positive trades to attack 100150.00$ and attempts to hold above it, but it returns to trade below it now, which keeps the negative scenario active for the upcoming period, waiting to get negative motive that push the price to achieve our next target at 95195.00$.