Barclays shares price started to form intraday positive rebound recently, attempting to take breath after reaching the first negative level at 172.06, noticing its reach to 177.00, noting that the bearish scenario depends on the strength of 185.30 resistance to increase the chances of renewing the negative attack in the upcoming period.

The above chart shows stochastic continuous fluctuation within the oversold areas, to increase the chances of gathering additional negative momentum, to keep suggesting the negative attempts that target 167.90 followed by reaching 23.6% Fibonacci correction level at 160.50.

Expected trading range for today is between 178.50 and 167.90

Expected trend for today: Bearish