24.01.2022
The British pound against the dollar is trading below the broken neckline of the double top pattern, to keep the negative pressure valid for the upcoming period, noting that the targets of the negative pattern cross 1.3530 to reach 1.3460 then 1.3400.
Therefore, the bearish trend will remain dominant over the intraday and short term unless the price rushes to breach 1.3610 and stabilize above it.
The expected trading range for today is between 1.3460 support and 1.3620 resistance.
The forecast general trend for today: Bearish
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