The pound sterling against the U.S. dollar was able to confirm breaking the 1.3665 level after closing the daily candle below it, reinforcing the expectations to continue the bearish trend. The price is heading towards the 1.3605 level, which is our next target. The negative effect of the double top pattern is effective and supports the suggested decline.
On the other hand, it should be noted that breaching 1.3665 will lead the price to start intraday recovery attempts, targeting the 1.3720 level before defining the next direction clearly.
The expected trading range for today: between the 1.3560 support and the 1.3700 resistance
The forecast general trend for today: bearish