The GBPUSD pair tested the key resistance 1.3854 and keeps its stability below it until now, as the EMA50 meets this level to add more strength to it, while stochastic moves at the overbought areas now.Therefore, these factors encourage us to continue suggesting the bearish trend that targets testing 1.3700 initially, noting that breaching 1.3854 will push the price to recover and achieve positive targets that start at 1.4041 initially.
Przetłumacz na Angielski Pokaż oryginał