The GBPUSD forecast update 22-04-2024
Economies.com
2024-04-22 09:11AM UTC
The GBPUSD price resumes its negative trading to move away from 1.2385$ level, which supports the continuation of the expected bearish trend for today, waiting to visit 1.2265$ as a next main target.
The bearish correction continues, and holding below 1.2385$ represents initial condition to the continuation of the expected decline, as breaching it will push the price to start recovery attempts and head towards 1.2480$ initially.
The expected trading range for today is between 1.2300$ support and 1.2460$ resistance.
Trend forecast: Bearish
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