The GBPUSD pair settles around the EMA50, and the bullish trend scenario still active on the intraday basis, depending on the price stability above 1.2990, as breaking this level will press on the price to test 1.2920 level again before any new attempt to rise.
Stochastic attempts to gain positive momentum to assist to push the price to rise, reminding you that our next main target is located at 1.3150.
The expected trading range for today is between 1.2920 support and 1.3090 resistance.
The expected trend for today: Bullish
Origin: Economies
