The GBPUSD pair traded with strong negativity to break 1.2410 level and confirms resuming the main bearish track, paving the way to continue the decline to head towards 1.2300 areas on the near term basis, making the bearish bias suggested in the upcoming period conditioned by the price stability below 1.2410.

The EURUSD pair faces negative pressure to break 1.0580 and settles below it now, which urges caution from the upcoming trading, as consolidating below this level will stop the morning suggested positive scenario and press on the price to resume the main bearish track again.

The NZDUSD pair faced solid resistance at 0.6560 to show some bearish bias now, waiting to get positive momentum that assist to push the price to surpass this level and confirm the continuation of the correctional bullish trend domination, taking into consideration that failing to achieve the required breach will force the price to return to the main bearish track again.

The expected trading range for today is between 0.6500 support and 0.6600 resistance

The expected trend for today: Bullish

The AUDUSD pair faces negative pressure now to attack 0.7230 level, which urges caution from the upcoming trading, as the price needs to hold above this level to keep the positive scenario active for today, which targets 0.7310 as a next station, noting that consolidating below 0.7230 will put the price under additional negative pressure to head towards 0.7130 initially.

The expected trading range for today is between 0.7190 support and 0.7300 resistance

The expected trend for today: Bullish