The GBPUSD pair touched our first target at 1.3150 and settles there, noticing that stochastic gains the positive momentum clearly, to support the chances of breaching the mentioned level and open the way to extend the bullish wave towards 1.3255.
Therefore, we will keep our bullish overview for the upcoming period supported by the EMA50, noting that breaking 1.3065 will put the price under intraday negative pressure that targets testing 1.2920 areas again before any new attempt to rise.
The expected trading range for today is between 1.3050 support and 1.3200 resistance.
The expected trend for today: Bullish
Origin: Economies
