The GBPUSD resumes the decline - Analysis - 26-11-2021
Economies.com
2021-11-26 05:10AM UTC
The GBPUSD pair shows new negative trades now, to start pressing on 1.3300 barrier, which supports the continuation of the expected bearish trend scenario on the intraday and short term basis, organized inside the bearish channel that appears on the chart, waiting to visit 1.3160 as a main target.
Holding below 1.3355 is important to continue the expected decline, noting that the EMA50 continues to support the suggested bearish wave.
The expected trading range for today is between 1.3210 support and 1.3360 resistance.
The expected trend for today: Bearish
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