The GBPUSD pair begins today’s trading with new bullish bias in attempt to breach 1.2575 resistance barrier, to keep the bullish trend scenario active on the intraday and short term basis, which its next main target located at 1.2655.
Stochastic continues to rise to support the expectations of achieving more gains, while holding above 1.2476 represents key condition to achieve the waited targets.
The expected trading range for today is between 1.2500 support and 1.2660 resistance.
The expected trend for today: Bullish
Origin: Economies
