The GBPUSD pair succeeded to achieve our first waited target at 1.2930 and settles around it, getting continuous positive support by the EMA50, waiting for more rise to head towards our next target that extends to 1.3050.
Stochastic current negativity might cause some temporary sideways fluctuation before resuming the expected bullish bias, noting that breaking 1.2870 will press on the price to test 1.2777 areas before any new attempt to rise.
The expected trading range for today is between 1.2850 support and 1.3030 resistance.
The expected trend for today: Bullish
Origin: Economies
