The GBPUSD price bounced bearishly after testing 1.2605$, to keep the negative effect of the head and shoulders’ pattern active, waiting for more decline to head towards our main expected target at 1.2400$.

Holding below 1.2605$ is important to the continuation of the expected decline, as breaching it will push the price out of the bearish track to head towards achieving gains that start by visiting 1.2735$ areas.

The expected trading range for today is between 1.2470$ support and 1.2620$ resistance

Trend forecast: Bearish

The EURUSD price provided positive trades yesterday but it declined strongly to settle below the bearish trend line again, to keep the bearish trend scenario active for the upcoming period, waiting to visit 1.0333$ followed by 1.0250$ levels mainly.

The EMA50 forms continuous negative pressure that supports the expected decline, noting that breaching 1.0475$ will stop the bearish wave and push the price to achieve bullish correction on the intraday and short-term basis.

The expected trading range for today is between 1.0330$ support and 1.0480$ resistance

Trend forecast: Bearish

Ethereum price (ETHUSD) rebounds bearishly after testing 3425.50$ level, noticing that stochastic overlaps negatively to reinforce the chances of continuing the decline for the rest of the day, reminding you that our waited targets begin at 3222.00$ and extend to 3017.30$ after breaking the previous level, while achieving them requires holding below 3425.50$ and the most important below 3510.00$.

Bitcoin price (BTCUSD) shows negative trades now that hint heading to resume the expected correctional bearish trend for today, which targets 91000.00$ followed by 87055.00$ levels as next negative stations, noting that the EMA50 supports the suggested bearish wave, which will remain valid unless breaching 95195.00$ followed by 96140.00$ levels and holding above them.