The GBPUSD pair bounced upwards clearly after testing 1.3226 level in the previous sessions, which keeps the bullish trend scenario valid for the upcoming period, supported by the EMA50 that carries the price from below, waiting to head towards 1.3490 that represents our next main target.
We should note that breaking 1.3226 and holding below it will press on the price to turn to decline and achieve negative targets that begin at 1.3100 and extend to 1.2962.
The expected trading range for today is between 1.3226 support and 1.3400 resistance.
The expected trend for today: Bullish
Origin: Economies
