The GBPUSD pair tested 1.2300 support and kept its stability above this line, keeping the bearish trend active in the upcoming period, supported by stochastic positivity, waiting for heading to 1.2500 that represents our next main target.
Note that breaking 1.2300 will stop the positive scenario and pushes the price to resume the main bearish trend.
The expected trading range for today is between 1.2250 support and 1.2420 resistance.
The expected trend for today: Bullish
Origin: Economies
