The GBPUSD pair keeps fluctuating within the sideways track that appears on the chart, and the price still stuck between 1.2304 support and 1.2515 resistance, keeping its stability above the mentioned support, noticing that stochastic begins to provide positive signals now, while the EMA50 keeps supporting the price positively.
Therefore, we will continue to suggest the bullish trend conditioned by the price stability above the mentioned support, reminding you that our targets begin at 1.2515 and extend to 1.2777 after surpassing the previous level.
The expected trading range for today is between 1.2250 support and 1.2550 resistance.
The expected trend for today: Bullish
Origin: Economies
