The GBPUSD pair provided strong negative trades on last Friday and touched 1.3000 barrier, to start bouncing bullishly after leaning on this level, on its way to return to the main bullish track after getting enough of the recent bearish correction.
Therefore, we expect witnessing more rise in the upcoming period supported by the EMA50 and stochastic, noting that our first target is located at 1.3185, noting that breaking 1.2965 will stop the bullish trend and press on the price for more bearish correction.
The expected trading range for today is between 1.3000 support and 1.3180 resistance.
The expected trend for today: Bullish
Origin: Economies
