The GBPUSD under the negative pressure - Analysis - 22-10-2021

2021-10-22 00:02:36 GMT (Economies.com)
 

The GBPUSD pair ended yesterday below 1.3795, which leads the price to achieve expected decline in the upcoming sessions, targeting visiting 1.3720 mainly, waiting for bullish rebound to resume the main bullish track again after testing the mentioned level.

 

On the other hand, we should note that breaching 1.3795 and holding above it will reactivate the positive scenario that its next main target located at 1.3910.

 

The expected trading range for today is between 1.3700 support and 1.3880 resistance.

 

The expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
0.9801
0.0146
1.5137%
1.1075
0.0255
2.3585%
18.832
-0.026
0.141%
81.481
2.187
2.758%
88.67
-0.65
0.73%
1660.820
15.460
0.940%
 
 
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